US Newspapers – Pound soars versus the euro on the divorce bill brexit breakthrough

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US Newspapers – US Newspapers – Pound soars versus the euro on the divorce bill brexit breakthrough
US Newspapers – US Newspapers – Pound soars versus the euro on the divorce bill brexit breakthrough

The pound bounced back on currency markets on Tuesday after the Telegraph revealed that British and EU negotiators have broken the deadlock on the Brexit divorce bill. After being dragged down earlier in the day by Bank of England governor Mark Carney’s gloomy warning of potential Brexit “pain”, sterling spiked above €1.12 against the euro as traders piled into the currency on news of a breakthrough in talks.  The longawaited progress propelled the pound from a 0.6pc loss to a 0.6pc gain against…

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