UPDATE 1-After April gains, pound slips as Brexit, economy weigh [Reuters]
IHS Markit Ltd. Common Shares (INFO)
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Source: Reuters
UPDATE 1-After April gains, pound slips as Brexit, economy weigh * Graphic: World FX rates in 2020 tmsnrt.rs/2egbfVh * Graphic: Trade-weighted sterling since Brexit vote tmsnrt.rs/2hwV9Hv (Updates prices, adds new economic data release, analyst comment) By Ritvik Carvalho LONDON, May 1 (Reuters) - Sterling slipped against the dollar on Friday, as stalled Brexit talks and further signs of damage to Britain’s economy from the coronavirus pandemic took some shine off the currency’s gains in April. A source close to Britain’s negotiating team said the country was confident it can get a deal on future ties with the European Union if Brussels started treating it as an independent negotiator. But, underlining what sources in Brussels say is an impasse at talks since Britain left the EU in January, French officials later reiterated the 27-nation bloc’s position that London must make concessions for a deal to be reached this year. The two sides have been unable to find a compromise on three m
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