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Pound Breaks $1.26 for First Time Since February as Dollar Drops

Bloomberg -------- The pound broke above $1.26 for the first time in nearly two months, driven mainly by a weaker dollar, as doubts grow on whether U.S. President Donald Trump can implement his economic agenda. Sterling strengthened against most of its Group-of-10 peers, but further upside might be limited given the political uncertainties surrounding Britain’s exit from the European Union, analysts said. Prime Minister Theresa May is set to start the process officially on Wednesday with the triggering of Article 50. To learn more click on the picture below to read the article.

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