(CNBC) The dollar retreated across the board on Thursday and sterling rose the most in nine months on reports that London is close to sealing a financial services deal with Brussels.
“For Carney to say that a no-deal situation is ‘not the most likely scenario’ gives the pound a reprieve,” said Juan Perez, senior currency trader with Monex, Inc. in Washington.
“I think after six weeks of taking a beatdown over Italy and their politics, now the focus is on us, a country with some issues lately going into a particularly important mid-term election,” said Perez.
