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Sterling Falls vs Euro, Steady vs Dollar; Chancellor's Support Measures in Focus


Monday, 6 July 2020 15:46 WIB

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The pound fell against the euro, as the common currency rose on Monday, and held steady against the U.S. dollar, as traders looked ahead to this month's Brexit negotiations and more government support measures expected later this week.

By the end of July, traders anticipate more clarity on whether Britain will agree a trade deal with the European Union.

Britain left the EU in January, but has full access to the bloc under a transition period that runs until the end of December.

Sterling was last down 0.4% against the euro at 90.43 pence , but flat at $1.2485 against the dollar.

Source : Reuters


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