February 25, 2019
NEW YORK (Reuters) – Sterling jumped to a four-week high against the dollar late on Monday after Bloomberg News reported British Prime Minister Theresa May was considering delaying a deadline on Brexit.
The report said May is expected to allow her cabinet to discuss extending the deadline beyond March 29 at meeting on Tuesday.
The British pound rose to a four-week peak of $1.3153, and was last up 0.2 percent at $1.3124.
(Reporting by Gertrude Chavez-Dreyfuss; Editing by Dan Grebler)