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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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Free AccessGBP Jittery But Holds Firmer Levels Ahead of Expected Brexit Announcement
- GBP enthusiasm seen taking a slight knock back as reports suggest some last minute deal negotiations, fish being mentioned, but a deal is still expected to be announced.
- GBP/USD edged to $1.3581, currently back around $1.3565, whilst EUR/GBP trades back toward Gbp0.9000, having managed to break below in early Europe, posting a low of Gbp0.8990.
- PM Johnson press conference was suggested by the BBC for 0800GMT but suggestions have been moved back to 1000GMT. Very difficult to pin a time on this event but most expect an announcement this morning.
- Focus moves across to ratification by UK and EU parliaments. UK parliament expected to be recalled for a vote next week, whilst the EU only likely to ratify into the new year but EU likely to smooth any disruption through Dec31.
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.