The pound boosted against the U.S. dollar and euro on optimism that the U.K. and the European Union will secure a free trade agreement after they decide to prolong negotiations. The U.S.
On Friday, the British pound declined after five weeks of increase. Leaders on both sides of the Brexit trade talks seemed doubtful about finding a resolution. The U.S. dollar declined
On December 10, the pound extended its losses against the U.S. dollar and euro as investors became more cautious about the risk of the U.K. and the E.U. disagreeing on
Since March’s peak, the U.S. dollar has dropped by approximately 12% against a basket of other currencies. Last week, the greenback reached its lowest level since April 2018. According to