Article 218PM Pound has best fortnight in eight years after Trump win

Pound has best fortnight in eight years after Trump win

by
Katie Allen and Jill Treanor
from on (#218PM)

Market concerns shift to euro after concerns over Brexit vote, but sterling remains well below pre-referendum levels

The battered pound has notched up its best two-week performance in eight years after the surprise US election result took investor focus off the UK's Brexit challenges.

Market concerns shifted to the euro amid fears that Donald Trump's victory will trigger a wave of populism and political uncertainty throughout Europe.

Related: S&P predicts hard Brexit and fresh downgrade for UK

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