Oliver Mangan: Euro may fall only to 86p if Brexit deal is done soon

But the UK currency could fall sharply if it becomes clear that we are heading for no trade deal
Oliver Mangan: Euro may fall only to 86p if Brexit deal is done soon

The pressure is on to agree an EU-UK trade deal this week, but the performance of sterling has shown that markets are optimistic.

High-level, face-to-face EU-UK trade talks were temporarily suspended last week, with the two teams having to continue their discussions remotely on a virtual basis with the key players off the pitch. 

With Boris Johnson is self-isolating in Downing St and the EU's Brexit chief negotiator self-isolating in Brussels, it is hardly ideal as the trade talks enter their critical final stage, with time running out to get a deal done that can be ratified before the Brexit transition period expires at the end of December.

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