The pound erased its losses after the U.K. signaled it wouldn’t immediately abandon Brexit trade talks. Sterling recovered against both the dollar and the euro after an earlier drop, following a report that European Union leaders meeting Thursday in Brussels will say progress hasn’t been sufficient. U.K. Prime Minister Boris Johnson had previously said he will walk away from the talks if there is no clear progress by the summit. He’ll now make a decision on whether to end talks after this week’s meeting, according to a person close to the negotiations. The pound rose as much as 0.3%, before trading little changed at ... (full story)