UK and EU Surprisingly Agreed on Transition Deal

Posted March 20th, 2018 by RLTCamille and filed in General News

British pound outperformed other major currencies as UK and EU have reached a transition agreement which would last for 21 months until the end of December 2020. The deal would be ratified but the 27 EU members on Friday. GBPUSD erased previous loss and ended the day +0.67% higher. EURUSD also strengthened on hawkish news about ECB’s monetary policy outlook. US dollar was mixed and the DXY index ended the day -0.52% lower.

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UK and EU Surprisingly Agreed on Transition Deal

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