In this file photo taken on March 06, 2017 The Canary Wharf financial district is seen in east London. / AFP / BEN STANSALL
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Sterling rallied Thursday on reports that London is close to sealing a financial services deal with Brussels, and as the Bank of England hinted that future interest rate rises would be slightly faster if Brexit goes smoothly.The British currency also jumped more than 0.5 percent against the euro as investors cheered raised expectations that U.K. financial institutions would not lose privileged access to the EU, a major concern for markets.Sterling jumped to a day's high of $1.2954 and traded up 1.4 percent on the day after the BoE's decision.Thursday's gains were the second biggest daily rise for the British currency this year and reflected a market that remained broadly short the pound.
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