The pound is still vulnerable to Brexit news and headlines after Prime Minister Boris Johnson and President of the European Commission, Ursula von der Leyen, agreed to intensify talks in the coming weeks. Sticking points such as issues surrounding fisheries and the level playing field need to be resolved.
The dollar is weaker this morning on news that President Trump is doing well in hospital, after testing positive for COVID-19 last week. PMI data for the UK, EU and US will be released today, revealing how each economy coped throughout September.
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