Sterling jumps after report says Brexit deal stumbling block removed
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LONDON (Reuters) - Sterling jumped above $1.28 on Wednesday after a reporter for Irish broadcaster RTE, citing European Union sources, said the main stumbling block to a Brexit deal had been removed.The pound, down before the report, surged as much as 0.4% to $1.2840 , a new five-month high. Against the euro sterling rose to 85.985 pence .British government bond futures gave up their gains and UK domestically-exposed stocks cut their losses after the RTE report.According to the reporter, the..