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FX.co ★ Pound was inspired by the positive news on Brexit

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Analysis News:::2018-11-22T14:04:13

Pound was inspired by the positive news on Brexit

Pound was inspired by the positive news on Brexit

Today, the British currency against the dollar rose to $ 1.29, reaching a week high against the background of reports of progress in the Brexit negotiation process between the European Union and the United Kingdom.

European Council President Donald Tusk said that the draft declaration on the future relations of the parties was agreed at the level of negotiators, and now it is up to the leaders of the EU countries to approve it.

At the same time, details of the agreements reached are not disclosed.

Meanwhile, according to Bloomberg, they look quite favorable for the markets and the pound, since the EU and the United Kingdom intend to build a single customs territory and carry out close cooperation in this direction. In addition, the parties are determined to resolve the issue of the Irish border.

Earlier, D. Tusk announced that an extraordinary EU summit devoted to reviewing the Brexit agreement was scheduled for November 25.

Analyst InstaForex
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