Brexit: Sterling surges on renewed hopes of a deal

Brexit: Sterling surges on renewed hopes of a deal

Image copyright PA Media

Sterling surged on Friday to a three-month high amid investor optimism about a last-minute Brexit deal between Britain and the European Union.

Against the dollar the pound rose 1.8% to $1.2667, and against the euro was up 1.35% at €1.1452.

The currency has rallied more than 3% since Thursday, its biggest two-day gain since before the June 2016 referendum on leaving the…

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