“Risk of hard Brexit lurks with British pounds” | Financial

According to the Rabo economists, the pound received some support because of the increased risk appetite among investors. However, they take into account that the British currency will become increasingly gripped by the difficult negotiations between the United Kingdom and the European Union to close a Brexit deal and may come under pressure next month.

The British in particular would, according to EU negotiator Barnier, thwart on important topics, so that no results seem to have been achieved, say the economists. British Prime Minister Boris Johnson has previously indicated that he wants to leave the European Union at the end of this year, if necessary without a deal.

Furthermore, all eyes are still on the interest rate decision of the European central bank that may still have an impact on the euro. However, economists believe that there will not be much fireworks after the earlier major ECB support actions.

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