Investing.com investing.com 24 Dec, 2020 04:15 am

Sterling gains, dollar on back foot amid hopes Brexit deal imminent By Reuters

Sterling gains, dollar on back foot amid hopes Brexit deal imminent By Reuters
Sterling gains, dollar on back foot amid hopes Brexit deal imminent

dollar banknotes are seen in this illustration By Kevin Buckland TOKYO (Reuters) - Sterling extended gains on Thursday amid expectations a long-elusive Brexit deal was imminent, raising hopes the UK can avoid a turbulent economic rupture on New Year's Day.Pound Jumps as UK-EU Reportedly Clinch Brexit Deal p By Yasin Ebrahim Investing.com – The pound surged on Wednesday on reports the UK and EU have clinched a Brexit deal after a nine months of negotiations.9% in the previous session to snap a three-day losing streak.

cents following the previous session's 0.While there has been no official confirmation from either side that the months of negotiations had reached a conclusion, a senior British government source said Prime Minister Boris Johnson was poised to do a trade deal with the EU, after media reports said the agreement had already been done.

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