The pound jumped to its highest against the dollar in a month on Monday afternoon, after the EU’s chief Brexit negotiator Michel Barnier said the possibility of reaching a deal by November was “realistic”.
Sterling was volatile in early trading on Monday, and rose just 0.1 per cent against the dollar after the Office for National Statistics published a strong GDP reading for the three months to the end of July.
However, the pound jumped 0.9 per cent against the dollar to hit $1.13040, and rose 0.46 per cent against the euro to hit €1.1233, after Mr Barnier made his comments while speaking at a conference in Bled, Slovenia.
The pound jumped to its highest against the dollar in a month on Monday afternoon, after the EU’s chief Brexit negotiator Michel Barnier said the possibility of reaching a deal by November was “realistic”.
Sterling was volatile in early trading on Monday, and rose just 0.1 per cent against the dollar after the Office for National Statistics published a strong GDP reading for the three months to the end of July.
However, the pound jumped 0.9 per cent against the dollar to hit $1.13040, and rose 0.46 per cent against the euro to hit €1.1233, after Mr Barnier made his comments while speaking at a conference in Bled, Slovenia.
