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Pound Slides after May Appears to Signal 'Hard Brexit'

The pound fell Monday to its lowest level since October after Prime Minister Theresa May suggested the country was heading for a full break from the European Union. The pound dropped against the dollar to $1.21 after May signaled in an interview with Sky News over the weekend that the U.K. is likely to leave the bloc's single market in goods and services. She said Britain won't try to keep "bits of membership'' once it leaves. EU membership guarantees free...

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