British one pound sterling coins are arranged for a photograph in central London on October 5, 2017. AFP / Daniel SORABJI
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Sterling jumped to a one-month high against the euro Tuesday, after the European Union's chief Brexit negotiator said he was ready to speed up discussions with Britain, easing concerns about the lack of progress in negotiations.Sterling rose by some 0.3 percent on the day against the dollar to a high of $1.3258 before it settled to trade at $1.3244 .sterling was set for a second consecutive month of declines.Before the news, the pound was trapped in a narrow 30 basis points range, among the quietest days in a 15-year trading history according to Thomson Reuters data, with investors sidelined before a Bank of England rate decision on Thursday.
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