British Pound depreciates on Brexit deal doubts - Expert Commentary - Dukascopy Bank
Wed, 02 Dec 2020 11:26:09 GMT
Source: Dukascopy Bank SA
During Wednesday, December 2, the British Pound lost 98 pips or 0.73% against the US Dollar.
It is likely that the British Pound slipped down as the post-Brexit trade deal doubts emerged. The EU negotiator said that there was no guarantee the union would add the UK to its list of approved countries for food imports.
Earlier, the EU claimed that it had not refused to add the UK to its list. The UK Prime Minister Boris Johnson told that any refusal would amount to a "blockade" of food trade between the UK and Northern Ireland.