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Sterling under pressure as risks rise of ‘no-deal’ Brexit


Sterling weakened over the summer as concerns grew that the UK may crash out of the EU without an exit deal in March next year. The euro rose from 87p at the end of May to touch 91p in late August. More recently, it has moved back below 90p to trade closer to 89p, with sterling aided by some positive headlines in relation to the Brexit negotiations. Overall though, the UK currency remains very sensitive to Brexit related newsflow……

(Click image opposite to read our full Brexit Update - September 2018)

Why not visit our Brexit Centre for all our Brexit updates at : https://aib.ie/fxcentre/resource-centre/brexit


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