Sterling drops as fears rise over risk of no deal

A lorry passes through security at the Port of Larne in Co Antrim, Northern Ireland on December 6, 2020.PAUL FAITH | AFP | Getty ImagesLONDON — Sterling extended losses against the U.S. dollar on Monday, amid escalating fears that U.K. and EU negotiators may fail to reach a deal before a transition period ends later this month. The U.K. currency traded at $1.3262 during morning deals, down 1.3% for the session.

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