XE Market Analysis: Europe – Nov 30, 2017

Sterling continued has extended its ascent into a third day, with Cable punching out a fresh two-month high of 1.3480 and EUR-GBP plumbing a three-week low. Reports continue to point to a deal-in-the-works between the EU and the UK on the final financial settlement, and there is also raised hopes that an agreement will be made on the Irish border issue (and so avoid the spectre of a Dublin veto). Elsewhere, EUR-USD has remained buoyant, although has thus far remained below yesterday’s peak at 1.1882. USD-JPY rose for a third straight session, logging an 11-day peak of 111.24.

Source: XE news feed
XE Market Analysis: Europe – Nov 30, 2017