Market movement on Brexit deal announcement
1 minute readChristmas has come early for the pound with a deal between the UK and EU just announced.
Sterling’s climb continues, and will most probably end the week well ahead of the other majors.
The UK and EU teams worked through the night to finalise the details of an agreement, and have a week to get the deal formally approved before the end of the year.
Three crucial issues have been the centre of negotiations, but it appears fishing rights, government support for industry, and how the deal is enforced have all been ironed out.
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