Brexit

If negotiations between the EU and UK over the NI protocol don’t end soon, the Pound may fall further

Just as with Europe, a crisis (Brexit) has been averted in the US (stimulus package)

After 4.5 years a Brexit trade deal is expected to be announced today. FTSE is pointing to a stronger start whilst GBP/USD eyes 2020 high

“Sources” say a Brexit trade deal is “imminent”.

We would like to take this opportunity to wish all our readers and their families a safe and happy holiday period. As markets are expected to remain volatile into the Georgia Senate run-off on the 5th of January, regular updates will resume next week, the 28th of December.

Traders are tired of Brexit officials’ comments. They want to see action.

Regardless of the reason, volatility is back.

GBP/USD has been extremely volatile as of late.

The two sides remain far apart on three major sticking points – fisheries, governance and maintaining a level playing field.

After an emergency dinner meeting on Wednesday night with European Commissioner Ursula von de Leyen failed to deliver a Brexit breakthrough, UK Prime Minister Boris Johnson issued a warning overnight Britain should prepare to leave the EU without a trade deal.

A spokesman for Number 10 said ‘very large gaps remain’ while von der Leyen said the two sides were still ‘far apart’.

Talks fail all around - no Brexit deal agreed over dinner & US stimulus talks stall. ECB in focus.

UK prime minister Boris Johnson is set to meet European Commission president Ursala von der Leyen in Brussels later today, with dinner pencilled in tonight, as the pair try and break the Brexit deadlock.

Headline watching and volatility will remain the name of the game for GBP/USD...

European stocks are set to open lower on Tuesday as Brexit negotiations failed to deliver a breakthrough yesterday.

Headlines will push the Pound around over the next few days.

Given the ECB meeting,the EU Summit, and ongoing Brexit negotiations, EUR/GBP is a must watch.