Friday 22 March 2019

Pound stabilises but struggles to rally after Brexit delay deal

Pound stabilises but struggles to rally after Brexit delay dealThe pound edged up Friday but was struggling to claw back its latest losses after the EU gave Britain a Brexit deadline extension, while equity markets mostly rose on a positive lead from Wall Street. Equity dealers were treading warily as they weighed an indication from the Federal Reserve that borrowing costs will not rise this year with concerns about the slowing economy and stuttering China-US trade talks.




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