Sterling held gains in early Asian trade on Tuesday, having hit a six-month high versus the euro and rising as much as 1% against the dollar overnight, as the prospect of a hung parliament in UK elections eased slightly. In a significant boost for Prime Minister Boris Johnson ahead of the Dec. 12 election, Brexit Party leader Nigel Farage said his party was standing down candidates in seats won by the Conservatives in 2017 and would instead focus on challenging anti-Brexit politicians. The pound rallied to as high as $1.2896 on the news, which the market had interpreted as reducing the probability of a hung- or ... (full story)