Sterling skids to three-month low on hard Brexit concerns

Concerns about Donald Trump’s economic plans compound uncertainty in the market as the pound slips as low as $1.1983

The pound has slipped to three-month lows in Asian trading with investors again spooked by concerns over Britain’s exit from the European Union.

Sterling sank 1.6% to as low as $1.1983 early on Monday, depths not seen since the flash crash of October, having finished at around $1.2175 in New York on Friday. It was at $1.2032 shortly before 5am GMT.

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