Pound Climbs From Month-Low as Post-Brexit Inflation Accelerates

Updated on
  • Sterling strengthens from weakest level since 2013 versus euro
  • U.K. currency advances most in two weeks against dollar

The Historical Risks of Being Short Sterling

The pound climbed against the dollar after U.K. inflation accelerated in July more than economists forecast, signaling the first concrete effects of the Brexit vote on the country’s economy.

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