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Pound Falls After Brexit-Fuelled Highs

  The pound retreated Thursday awaiting yet another Brexit vote after the UK currency struck multi-month highs versus the dollar and euro thanks to British MPs ruling out a no-deal departure from the European Union.  London’s benchmark FTSE 100 index climbed in late morning deals, boosted by the pound’s retreat helping to lift share prices of multinationals. … Continue reading Pound Falls After Brexit-Fuelled Highs …

Pound Stands Firm After May Loss, Asian Equity Markets Rise

  The pound edged down Wednesday after the record defeat of British Prime Minister Theresa May’s Brexit plan but mostly held its ground as investors consider the next likely developments in the long-running saga. The sterling tanked to a near two-year low soon after the government’s proposal on leaving the European Union was soundly beaten … Continue reading Pound Stands Firm After May Loss, Asian Equity Markets Rise …

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