The pound is strong against the euro and the dollar this morning due to positive Brexit news, raising hopes that a deal can be made soon. A report yesterday said that the two sides had resolved “some of the biggest disagreements that have long bedevilled the Brexit talks.” Negotiations continue in Brussels today as officials continue to iron out issues.
Although the pound has been driven by Brexit news recently, more reports of a second wave across the UK and Europe could have an impact on the currency in the near future. A major analysis suggests that nearly 100,000 people a day are catching the virus in England.
Later this morning, car production and mortgage figures will be released for the UK.
