Sterling wobbles ahead of crunch Brexit week as Barnier offers backstop assurance

Sterling fell against both the euro and the dollar but investors still bet that the likeliest outcome of a series of UK parliamentary votes next week is that the Brexit process will be extended.

The UK currency fell 0.4% against the dollar and was down almost 1% against the euro, to 86.23 pence, amid jitters on votes starting Tuesday on UK Prime Minister Theresa May’s withdrawal deal.