This week, Brexit talks between the UK and EU will kick off a busy agenda for July, with negotiations planned to take place weekly. The pound has started the week on a softer note due to worries over the progress of these upcoming talks. Over the weekend, the Prime Minister said that the government would be prepared to accept an ‘Australian style’ trade deal.
The euro had a strong finish to the week last week, as Christine Lagarde announced that she feels the Eurozone is “probably past” the worst of the coronavirus crisis. Meanwhile, a mixture of rising infection rates and optimism over economic recovery continues to influence the dollar.
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