The pound is under pressure against the euro and the dollar this morning due to the increasing possibility that the Bank of England will introduce negative interest rates. Several BoE officials are due to speak this week, including Governor Andrew Bailey, which could provide further insight into the Bank’s approach.
The Democratic Party in the US are making efforts to remove outgoing President Trump from office before his tenure ends on January 20. If Vice President Pence refuses to act to remove him, the Democratic Party will vote to impeach Trump.
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