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NewsBreak: Sterling Jumps as Johnson, Varadkar 'See Path to Deal'

Published 10/10/2019, 15:21
Updated 10/10/2019, 15:35
© Reuters.

© Reuters.

Investing.com -- The British pound jumped nearly half a cent against the euro and by more against the dollar, after Prime Minister Boris Johnson and his Irish counterpart Leo Varadkar said they saw a "pathway to a possible deal" on Brexit. They provided no details in a brief joint statement, but the statement alone revived hopes that talks on avoiding a disorderly departure from the EU would at least continue ahead of a make-or-break summit of EU heads of government next week.

  • GBP/EUR at 1.1130 by 10:27 AM ET (1427 GMT), from 1.1090 before the announcement
  • GBP/USD at $1.2274 from $1.2218
  • EUR/USD at $1.1018
  • Latest comments

    As I think, this is a distoration of the trend.
    Any chances of pullback?
    gbpusd touched 1.23900+, superb
    few hrs later EU said no deal is imminent. then the price go down. wth!
    from what i have seen charts speak louder than the head lines before the head lines if u follow the charts they r prices bfore the news come out
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