Pound V US dollar: GBP/USD near 10-month high as Brexit talks resume

Pound V US dollar: GBP/USD near 10-month high as Brexit talks resume
 

With no direct economic data to refer to yet, traders have instead been focusing on the ongoing Brexit talks in Brussels.
Last week the pound was lifted by the Government’s acceptance of the fact that it will need to pay an EU exit bill. 
Reports published so far this week, however, have been slightly less positive. 
For example, a report published by three UK universities has argued that the country could face food insecurity after Brexit. Composed by experts in food policy, the report argues that the UK could face higher prices and less import consistency after Brexit.
One of the report’s... read more

 
17 July 2017 in Business, Views: 46
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