European Commission: Deal and British

european commission: If she fails, Britain could crash out of the world's biggest trading bloc on the March 29 exit date, according to The Independent. But the pound could leap higher if she gets a revised deal through parliament, as investors begin to see a path through Brexit that is less harmful to the economy. The British currency has swung wildly in recent sessions as May tries to persuade European Commission chief Jean-Claude Juncker to modify her withdrawal deal and then get the tweaked agreement through the British parliament. Sterling rose 0.3 percent to a day's high at 1.3086 after British finance minister Philip Hammond said that talks with Brussels had been constructive and that lawmakers could vote on a revised deal as early as next week. The source said it was unlikely Britain could secure changes from the EU before a parliamentary vote happens next week. It then fell back when a British government source poured cold water on the prospect of an imminent Brexit deal. (news.financializer.com). As reported in the news.