Weekly roundup: Pound appeal diminished by UK lockdown
The pound came under selling pressure as the relief rally triggered by the eleventh hour UK-EU trade agreement started to fade.
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The pound came under selling pressure as the relief rally triggered by the eleventh hour UK-EU trade agreement started to fade.
The pound dived on Monday as England and Scotland entered strict lockdowns in an effort to control the spread of the coronavirus.
The pound struck higher on Thursday, buoyed by relief that the UK wasn’t to face a no-deal Brexit in 2021.
When 2020 dawned the world was a very different place to the one we’ve come to know now, with the coronavirus pandemic creating a year like no other.
The pound struggled to find direction on Tuesday as jubilation over the signing of the recent UK-EU Brexit deal began to fade.
The pound rocketed higher on Thursday, as GBP investors cheered the announcement of a long-awaited trade deal between the UK and EU.
The pound was turbocharged by Brexit optimism on Wednesday amidst reports that a UK-EU trade deal is imminent.
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