The pound is stronger against the euro and dollar this morning after reports that the UK and EU are cautiously optimistic that a Brexit deal can be reached. Comments from the EU’s Chief Negotiator, Michel Barnier have shed a more positive light over the state of negotiations, which are due to officially resume next week.
The dollar is in a weaker position this morning after news that Democrats in the House of Representatives are working on a fiscal stimulus package to be voted on next week. This has revived hopes that the US economy will receive support ahead of the Presidential election.
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