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Analysis: Buy sterling on a "Brexit breakthrough"? Not yet, say investors

Reuters  |  LONDON 

By Saikat ChatterjeeLONDON (Reuters) - Sterling investors remain hesitant about chasing the rallying pound higher even as the British government said it was close to an agreement with the European Union on how to move Brexit talks onto trade next year.British hopes of securing a deal with the European Union were dashed on Monday by Prime Minister Theresa May's kingmakers in Belfast. The government is holding fresh talks and said on Tuesday it remained confident of reaching an agreement.After spending most of 2017 on the back foot against a broadly weak dollar, market expectations on sterling ...

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First Published: Tue, December 05 2017. 20:39 IST