LONDON, Dec 1- Sterling slipped from a two-month high against the dollar on Friday, with some investors concerned that optimism around Britain getting a deal with the EU- which this week lifted the pound to six-month highs- might have gone a little too far. The pound had jumped on Thursday on reports that Britain and the European Union had reached agreement on a The euro zone's brightening growth prospects also attracted investors despite falling bond yields.
Brexit is likely to happen, but the U. Avoiding a so-called "hard border" on the island of Ireland that many fear could disrupt the peace in Northern Ireland is the last major hurdle before talks can move to negotiations on The dollar slipped to a four-day low against the euro as its rebound after last week's weakness ran out of steam. The pound gained 0.
Congressional Republicans scrambled on Wednesday to Senate could vote on a tax overhaul plan as early as Thursday as a A British government official cast doubt on a Daily Telegraph report saying the net bill for leaving the bloc would LONDON, Nov Britain's sterling jumped to a two-month high on Wednesday as investors greeted news reports that Britain and European Union had agreed the outlines of a Brexit settlement bill potentially paving the way to a future trade pact.
Sterling's slump in the immediate aftermath of the June Brexit vote to leave the European Union gave British The dollar edged higher, as economic growth data and signs of Republicans' tax bill progress helped it rebound from recent weakness.
Treasury yields rise; investors eye Senate tax vote. The British pound briefly rallied more than 1 percent from its lows after The Daily Telegraph newspaper reported that Britain and the European Union had agreed on the amount of the Brexit financial settlement, citing unidentified sources. The British pound briefly rallied more than 1 percent from its lows after The Daily Telegraph newspaper The dollar gained as risk sentiment improved, and the confirmation hearing of new Federal Reserve chair Jerome Powell kicked off.
Dollar index hit session lows, erases gains after Flynn report. Brexit could bring leadership vacuum in UK, analyst says. Dollar slips on month-end moves; US tax bill progress eyed. A positive story for the dollar. Sterling hits 2-month highs on Brexit breakthrough bets. Brexit hopes kick sterling to 2-month highs. Dollar edges higher on strong US data, tax bill progress. Dollar rebounds as Powell hearing underway.More...