Imminent Sino-U.S. deal signing lifts Asian currencies; sterling slips

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Imminent Sino-U.S. deal signing lifts Asian currencies; sterling slips
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The imminent signing of a preliminary Sino-U.S. trade deal helped Asian currenci...

SINGAPORE - The imminent signing of a preliminary Sino-U.S. trade deal helped Asian currencies rally on Monday, but sterling fell on fresh hints of a Bank of England rate cut.

The U.S.-China Phase 1 agreement, due to be signed at the White House on Wednesday, marks the first step toward ending a damaging 18-month trade dispute between the world’s two largest economies.

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