Sterling jumps as Barnier says Brexit deal 'realistic' in 6-8 weeks

FILE PHOTO: British Pound Sterling banknotes are seen at the Money Service Austria company's headquarters in Vienna, Austria, November 16, 2017. REUTERS/Leonhard Foeger/File Photo - Copyright Leonhard Foeger(Reuters)

By Reuters

Published on 10/09/2018 - 15:34•Updated 07/05/2024 - 17:29

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LONDON (Reuters) - Sterling jumped against the dollar and euro on Monday after a Bloomberg report quoted European Union chief negotiator as saying that a Brexit deal was "realistic in six to eight weeks"

The British currency rallied nearly a percent at $1.3044, a five-week high, after the report. It rose to a one-month high against the euro of 89.57 pence <EURGBP=D3>

(Reporting by Sujata Rao; Editing by Saikat Chatterjee)

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Iranian carpet shop owner Ali Faez works at his shop at the traditional bazaar of the city of Kashan, about 152 miles (245 km) south of the capital Tehran, Iran.

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Sterling jumps as Barnier says Brexit deal 'realistic' in 6-8 weeks

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