The pound is still well supported against the euro and the dollar this morning. Michel Barnier, Chief Negotiator for the EU, has summoned fisheries ministers from all EU nations for a meeting today. This may indicate an incoming breakthrough in Brexit negotiations, as fisheries is a key sticking point that still needs to be resolved.
Minutes from the European Central Bank’s latest meeting indicate disagreement between officials over adding more financial stimulus to support the economy during the pandemic. In the US, President Trump has agreed to leave the White House if Biden is formally announced as President but says that the race is “far from over”.
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