Pound Drops as U.K. Said to See Brexit Triggered by April 2017

  • Sterling declines the most in two weeks versus dollar
  • Pound approaches weakest level in three years against euro

Is the British Pound Set to Go Higher?

The pound dropped the most in two weeks as Prime Minister Theresa May was said to be leaning toward the first part of 2017 as the best moment to trigger the start of formal talks over the U.K.’s withdrawal from the European Union.

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