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Rate rallies to the day's best........>

EURO-STERLING
EURO-STERLING: Rate rallies to the day's best levels and GBP/USD extends losses
through the overnight lows as markets eye May's apparent reluctance to extend
the transition period. Reuters cites the PM as saying "There is an option to
extend the transition period within the agreement, but I do not want that to
come into play". GBP/USD briefly dips below $1.28.

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