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Sterling surges on Brexit minister's remarks

Friday, December 2, 2016 - 05:50
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A perceived crack in Britain's "hard Brexit" line on leaving the European Union dominated trading on major currency markets on Thursday, driving the pound one per cent higher and helping spur a retreat in broader measures of the US dollar's strength.

London

A PERCEIVED crack in Britain's "hard Brexit" line on leaving the European Union dominated trading on major currency markets on Thursday, driving the pound one per cent higher and helping spur a retreat in broader measures of the US dollar's strength.

Sterling surged 1.2 per