News

News

Monday 4th December 2017

Good morning

 

Last week GBP outperformed its G10 peers trading on optimism around the progress of Brexit discussions, despite concerns around the full resolution of the Irish Border Deal.

 

GBP/USD touched a 2-month high of $1.3550 Thursday, opening today at $1.3480.

GBP/EUR touched a 1-month high of €1.1395 albeit briefly, opening up at 1.1330 this morning.

 

Theresa May heads for Brussels today to meet with Jean-Claude Junker where expectant talks around the UK’s payment to the EU, the Irish Boarder and rights of EU citizens, will be top of the bill.

 
Have a good week.

CENTRAL BANK AND LIBOR RATES

UK: 0.50%
US: 1.75%
EU: 0.00%

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