European Union (EU)

U.S. and European legislative foreign affairs chairs jointly condemn Trump on Syria

President Trump, French President Emmanuel Macron and German Chancellor Angela Merkel at the G7. Photo: Ian Langsdon/AFP via Getty Images

The chairs of the legislative foreign affairs committees from the U.S. House of Representatives, the U.K., France, Germany and the European Parliament released a rare statement Friday condemning Turkey's invasion of Syria and the U.S. withdrawal that made it possible, per Sky News' Deborah Haynes.

What they're saying: The authors denounce Turkey's invasion as "a military aggression and a violation of international law" and say they "deeply regret the decision of the president of the United States to withdraw American troops." That move, they write, "marks another landmark in the change of American foreign policy in the Near and Middle East," adding that the ensuing Turkish offensive "may contribute to a resurgence of Islamic terrorism and undermines years of effort."

Go deeper: House overwhelmingly condemns Trump's Syria decision

The ups and downs of the British pound

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The British pound jumped to a fresh 5-month high on news that a Brexit deal had been reached between U.K. and European Commission negotiators, but petered out nearly as quickly after the Northern Irish Democratic Unionist Party said it would not vote for the deal.

The big picture: Sterling fell below $1.28 before steadying again, closing closer to its highs on the day than its lows as investors retained some optimism.