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Pound Shows Signs of Creaking Under Weight of a No-Deal Brexit

  • U.K. exit delay will weigh on economy and sterling: CIBC
  • Brexit talks to take place on Monday as May races to win deal
Pound Drops For Third Week After May's Brexit Blow
Photographer: Bryn Colton/Bloomberg

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Pound traders are losing faith that U.K. Prime Minister Theresa May can get a Brexit deal with the European Union.