GBP/USD Exchange Rate Falls as No-Deal Brexit Odds Continue to Rise
The Pound to US Dollar (GBP/USD) exchange rate fell by -0.7% today, with the pairing currently trading around $1.326.
Sterling struggled today following a lack of progress in critical UK-EU Brexit talks last night between Prime Boris Johnson and the President of the European Commission, Ursula von der Leyen.
UK Foreign Secretary Dominic Raab commented:
‘It’s fair to say that, whilst there was a good conversation last night, and it was frank and it was candid, the significant points of difference remain. I don’t think we can keep going on at that pace without having some progress and some flexibility.’
EU could bar UK residents from travelling to the bloc after Brexit under coronavirus travel rules euronews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from euronews.com Daily Mail and Mail on Sunday newspapers.
To prepare for a possible no-deal exit on January 1, the EU on Thursday proposed four contingency measures to make sure air and road traffic can continue as smoothly as possible for the next six months. | World News