Trade Tensions Boost Dollar as Chinese Stocks Drop

Trade Tensions Boost Dollar as Chinese Stocks Drop
British Pound Sterling banknotes, Vienna, Austria on Nov.16, 2017. REUTERS/Leonhard Foeger
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NEW YORK—Concerns about Britain’s plan to leave the European Union sent the pound to an 11-month low against the greenback on Monday, while U.S.-China trade tensions helped boost the U.S. currency.

Comments by officials about a no-deal Brexit stoked fears Britain would crash out of the union without securing a trade agreement.