Sterling takes advantage of falling dollar as Britain faces uncertain future


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Sterling jumped against the dollar on Friday, as most majors fought back against the greenback's recent strength, capping a volatile week in which the pound hit a 35-year low, Britain saw a new prime minister, and Queen Elizabeth passed away. The pound rose over 1% to as much as $1.1646, its highest level this month, and was last at $1.622. Sterling's moves against the euro were much more muted. The euro was a whisker lower at 86.77 pence. "Today it's a dollar story, and we are seeing the pound trade in line with that broader theme..." said Simon Harvey, head...