Sterling plunges after UK legal advisor comments on changes to Brexit deal

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Sterling plunges after UK legal advisor comments on changes to Brexit deal
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Sterling slips after UK legal advisor comments on changes to Brexit deal

Sterling slipped to a session low against the dollar after Britain's Attorney General Geoffrey Cox published his opinion on Prime Minister Theresa May's recently amended Brexit deal.

Cox said Tuesday morning that legal risks to Brexit still remain despite the late-night concessions from the European Union on Monday. He added that the revised document did not give Britain any legal means of exiting the"Irish backstop" arrangements unilaterally.

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