British pound hits 2-month high as no-deal Brexit fears fade

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The British pound rose to a 2-month high against the dollar Thursday as hopes are again rising that the U.K. will avoid a no-deal Brexit.

Driving the news: European Commission President Jean-Claude Juncker said in an interview yesterday he expects Brussels to reach a deal with Britain to leave the EU with a deal in place to avert a messy break-up.

  • “I think we can have a deal,” Juncker said in an interview with Sky News. “I am doing everything to have a deal because I don’t like the idea of a no-deal because I think this would have catastrophic consequences for at least one year.”

Background: Sterling had fallen to its lowest since 1985 against the dollar in August as Boris Johnson took over as prime minister, but has since risen more than 5 cents against the greenback.

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NYT: Iranian hack on government officials, journalists also targeted Trump campaign

Photo: NurPhoto / Contributor/Getty Images

Microsoft believes an Iranian group tried to hack 241 email accounts of “a U.S. presidential campaign, current and former U.S. government officials, journalists covering global politics and prominent Iranians living outside Iran,” the company said Friday in a blog post.

The impact: The hackers — who were apparently backed by Iran's government — targeted President Trump's re-election campaign, the New York Times reports. The group allegedly compromised 4 accounts, which Microsoft said did not belong to government officials or a presidential campaign.

Ron Johnson says Sondland told him of possible Ukraine quid pro quo

Sen. Ron Johnson. Photo: Bill Clark/CQ-Roll Call, Inc via Getty Images

Sen. Ron Johnson (R.-Wis.) told the Wall Street Journal that he learned of a possible quid pro quo between the Trump administration and Ukraine's government from EU Ambassador Gordon Sondland.

The big picture: Johnson said that he pressed President Trump on the issue, which allegedly linked the distribution of $400 million in U.S. military aid with a Ukrainian investigation of former Vice President Joe Biden, in an Aug. 31 phone call. "He said ... 'No way. I would never do that. Who told you that?'" Johnson told the Journal of his conversation with the president.

Volker told House committees he was unaware of push for Ukraine Biden probe

Former Ukraine envoy Kurt Volker told the House Intelligence, Foreign Affairs and Oversight Committees on Thursday that he was unaware of any Trump administration push to have Ukraine investigate former Vice President Joe Biden, according to his opening remarks as obtained by BuzzFeed News.

The big picture: The committees also released explosive texts provided by Volker last night, which included messages featuring Bill Taylor, the top U.S. diplomat to Ukraine, EU Ambassador Gordon Sondland, President Trump's personal lawyer Rudy Giulani, and Andrey Yermak, a top aide to Ukrainian President Volodymyr Zelensky.

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