, Columnist
Say Hello to the Sterling Floor
Signs are good for U.K. growth and Trump's looking friendly.
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Sterling can survive Britain's divorce from the European Union.
But you wouldn't know it from its reaction to The Sunday Times' report that Prime Minister Theresa May’s speech on Tuesday will signal plans for a hard split from its biggest trading partner. Monday saw the pound dip to its weakest versus the euro since November and fall briefly below $1.20, the lowest level since the Oct. 7 flash crash.