Sterling Gets Knocked Off Last Weeks Highs – 27 March, 2018

Sterling is was on track to hit its biggest daily loss in over a month after enjoying a strong last week when Britain secured a Brexit transition deal with the EU. A large corporate healthcare deal pressured sales which prompted investors to take profits. Against the dollar, sterling fell almost a percent but remains up over 4 percent this year. Sterling traded down 0.7 percent to $1.4140 for the day.