Pound Investors Have Too Much on Plate to Obsess About Brexit
by
, 2020-06-01 at 06:08 PM (923 Views)
Bloomberg) -- Even with the risk of a hard Brexit hanging over their heads, pound traders seem to be looking the other way.
The currency touched a three-week high against a weaker dollar, one day before fraught trade negotiations resume between London and Brussels. A gauge of sentiment in sterling over the next month, which covers the deadline for an extension to the U.K.’s Brexit transition period, is the least negative since late March.