Mon. Oct 21st, 2019

The pound reaches maximums in three months before a possible "brexit" agreement



The British pound reached highs in three months on Friday against the US dollar and also rose against the euro in view of the possibility that there may be an agreement to leave the United Kingdom from the European Union.

The news that there are reasons for optimism has already triggered the British currency since Thursday, which has starred in the biggest two-day bull run since June 2016.

Sterling came to be exchanged for $ 1,2671 – its highest price since July – and 1,1462 euros, and at 12.30 GMT maintained a rise of 1.41% against the dollar, up to $ 1.2619, and a 1, 09% against the euro, up to 1.1428.

On the other hand, the actions of the British banks and companies, headed by Royal Bank of Scotland, which rose almost 14%, also skyrocketed on the London Stock Exchange; Kingfisher retailer, which accounted for 11.6%, and Lloyds, with 11.58% more.

The European Commission described today as "constructive" the meeting held in Brussels by the EU negotiator for "brexit", Michel Barnier, and the British minister for the departure of the community club, Stephen Barclay.

The interview between Barnier and Barclay came after yesterday the Prime Minister of the United Kingdom, Boris Johnson, and his Irish colleague, Leo Varadkar, were convinced that there is a "path" to a "possible agreement" of the "brexit" before October 31st.

. (tagsToTranslate) reaches (t) maximum (t) possible (t) agreement (t) brexit



Source link