Business · 1 hour ago
Pound heading for its biggest weekly rise against the euro since May
The British currency is getting a boost from Prime Minister Andy Burnham suggesting the country could reconsider rejoining the EU. Traders view Brexit as an economic drag, so they are looking for closer ties at a European summit planned for 20 November. Despite gaining in Europe, the currency is heading for a third straight week of losses against the American dollar.
Reported by Reuters · How we write briefs