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Jul 16 - 06:12 AM
EUR/GBP - Up To New 6-Month High As No-Deal Brexit Fears Rise
First appeared on eFXplus on Jul 16 - 03:30 AM
  • EUR/GBP hits 0.9015 after selling of the pound since the European open
  • 0.9015 is the highest level since Jan 11 (0.9010 was last week's peak)
  • GBP selling has been fuelled by rising fears of a no-deal Brexit
  • On Monday, Johnson and Hunt hardened their language on any future UK/EU deal
  • See: nL8N24G5E5. One of them will succeed May as Britain's PM next week
  • UK data due 0830GMT; earnings f/c 3.1%, employment f/c +45k

EURGBP: Click here

Source:
Refinitiv IFR Research/Market Commentary

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