The pound is volatile today against both the euro and the dollar, as it awaits more news of how Brexit talks have progressed this week. The UK’s Chief Negotiator, David Frost, is expected to give an update today on how talks have developed.
Yesterday, the pound strengthened after reports that negotiations would now enter a ‘tunnel period’, where the two sides are happy with progress and are now looking to finalise any outstanding details.
The EU has launched legal action against the UK for the Internal Markets Bill, however, the UK are still reportedly optimistic that a deal can be reached.
