Sterling holds against dollar amid Brexit uncertainty

2019-10-09 20:29:11 GMT (Economies.com)
Sterling holds against dollar amid Brexit uncertainty

The British pound stabilized against the US dollar, as uncertainty still overcasts its shadow around the UK exit from the European Union.

 

The Brexit deadline is by the end of October, while still London and Brussels has not yet agree on a final exit deal.

 

British PM Boris Johnson insists on delivering on the will of the people by implementing the Brexit as scheduled while the parliament demands that Johnson request a postponement for the Brexit until the end of January 2020 in case of a no deal.

 

Otherwise, a new round of the US-China trade talks will begin tomorrow in Washington, in attempts to reach a trade deal that will end the ongoing trade dispute between the two countries.

 

By 19:02 GMT, GBP/USD held at $1.221, with an intraday high of $1.2291 and a low of $1.2162.

 
 
 
  Symbol Last Change Chg.%
1.1162
-0.0004
0.0313%
1.2980
0.0028
0.2143%
17.709
0.164
0.935%
53.320
-0.388
0.722%
58.76
-0.67
1.13%
1491.385
1.230
0.083%
 
 
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