At 0752 GMT, the pound was up 0.2 per cent on the day versus the dollar, at US$1.2930 , but set to end the week down 0.9 per cent. — Reuters pic
British Prime Minister Boris Johnson will set out his approach to Brexit later today. He had previously set October 15 as a deadline after which the UK would quit negotiations if a deal had not been reached. “We see GBP price action as consistent with a reasonable degree of hope on a deal being done,” Halpenny added.
The main areas of contention are: fair competition, dispute resolution and fisheries, with France taking a particularly hardline on the latter.
Source: Financial Digest (financialdigest.net)
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