UK Chancellor Hammond ready to give up EU membership in Brexit negotiations - BBG

UK Chancellor Philip Hammond said to be ready to abandon membership of the European Union’s single market in Brexit negotiations, according to sources familiar with the matter quoted by Bloomberg.

GBP/USD drops further to fresh 1-month lows

GBP/USD accelerated lower over the last hours after breaking below the 1.3100 level, accumulating a 200-pip loss so far today. The pound continues to
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