Sterling has jumped a cent against the Euro to €1.1230 this evening, and also risen by a cent against the USD to $1.3330. We’re hearing reports that the UK and EU have agreed in principle that the UK will pay a divorce bill of €60bn.
This increases the chances of talks moving on to trade, and as such, Sterling has strengthened. This has all happened in the last 20 mins, and current charts to view live rate movements can be seen here.
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