(Bloomberg) The tide looks to be turning for the pound, as the Brexit narrative shifts from fears of crashing out of the European Union this month toward expectations for a deal or delay. The currency is the best-performing in the Group-of-10 basket so far this year, with U.K. Prime Minister Theresa May having seen off a lawmaker rebellion by promising a series of Parliament votes just weeks before the exit date. Goldman Sachs Group Inc., Deutsche Bank AG and hedge funds have become bullish on sterling.
Pound Optimism Growing as Banks Take No-Deal Risk Off the Table
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