Sterling falls against the dollar 7/22

 Sterling falls against the dollar and the euro as currency markets continue to eye the possibility of the U.K. crashing out of the EU with no deal at the end of October, though the potential barriers to that limit losses. Spread-betting firm IG says markets are facing up to the fact that a no-deal Brexit can't be ruled out, though Parliament clearly opposes such an event, making an extension of the Oct. 31 exit deadline more likely. "Boris Johnson is likely to win the Tory leadership contest, and with just three months until the deadline, he's unlikely to find any means to avoid either taking the U.K. out without a deal, or going against his word to extend the deadline