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Sterling slips on report May to suggest early Brexit
September 22, 2017 / 1:38 PM / a month ago

Sterling slips on report May to suggest early Brexit

LONDON (Reuters) - Sterling slipped 0.3 cents against the dollar on Friday as investors awaited a key speech by British Prime Minister Theresa May, after the Telegraph newspaper reported that she would raise the possibility of Britain leaving the EU before March 2019.

A British ten pound banknote is seen in a photo illustration taken March 16, 2016. REUTERS/Phil Noble/Illustration/File Photo

Sterling dipped to as low as $1.3550, down from around $1.3580, leaving it down 0.2 percent on the day.

The FTSE 100 rose as sterling fell, last up 0.2 percent, while mid-caps hit a session high, up 0.2 percent.

Reporting by Jemima Kelly, Ritvik Carvalho and Helen Reid; Editing by Nigel Stephenson

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