Currency Sterling scarred by Brexit turmoil; Asia shares hold trade hopes Updated : November 16, 2018 08:57 AM IST Asian share markets fared better as hopes for a thaw in Sino-US trade relations gave Wall Street a fillip, though there were duelling reports on the prospects for an actual agreement. The pound suffered its biggest one-day loss against the euro since October 2016 and was last at 88.63 pence. Against the dollar, it was huddled at $1.2777 after shedding 1.6 percent overnight. A Financial Times report said US Trade Representative Robert Lighthizer has told some industry executives that another round of US tariffs on Chinese imports has been put on hold. Subscribe to Moneycontrol PRO at just Rs.33/- per month for the first year. Use code SUPERPRO. Limited period offer. Available on Web and Android.