The pound strengthened yesterday evening and is still strong this morning, reaching its highest level against the dollar in more than two and a half years. The Brexit trade deal has now been signed into law and new measures are beginning to take effect, which has given sterling a boost.
It’s a busy week ahead for economic data, with PMI figures due for the UK, Europe and the US. This data will give an indication of how economies performed in December. In the US, the Georgia run-off elections this week will determine which Party has a majority in the Senate.
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