The pound is on course for its biggest gains against the euro in four years after Donald Trump suggested that the UK’s trade ...

Sterling rose to a near four-week high against the euro and traded steady against a stronger dollar after Trump appeared to take a softer tariff line on the U.K. compared with the EU.

GBP/USD initially dipped but recovered some ground as cable found support at 1.2400 level after a drop triggered by Trumps remarks. Trump repeated his threat to impose 25% tariffs on Canada and Mexico ...