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Sterling adds to recent gains after May says to lead Brexit talks


Wednesday, 25 July 2018 15:52 WIB

EuroPoundsterling


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The pound rose on Wednesday to its highest in a week as traders bet that Prime Minister Theresa May's decision to take control of Brexit negotiations would make it easier to agree a divorce deal with Brussels.

The pound rose to as high as $1.3173 against the dollar, its highest level since July 17, before giving up some gains as the greenback recovered.

Sterling, which has been much less volatile against the euro, was unchanged versus the single currency at 88.885 pence per euro.

Source: Markewatch


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