Breaking Brexit News!

The UK and EU negotiating teams appeared to have reached an agreement before a meeting of European Leaders in Brussels.

Prime Minster Boris Johnson tweeted “we’ve got a great new deal that takes back control.”

The pound surged through $1.29 against the USD, representing a new 5 month-high whilst the pound against the euro touched as high as 1.1660 after the announcement was made.

Jean Claude Juncker, the President of the European Commission also confirmed that a deal has been agreed.

He tweeted: “Where there is a will, there is a #deal – we have one! It’s a fair and balanced agreement for the EU and the UK and it is testament to our commitment to find solutions… I recommend that #EUCO endorses this deal”.

Should you wish to take advantage of the current exchange rate or discuss your future requirements, please contact the Corporate Desk on 020 7220 8182 or email brexit@rationalfx.com.

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