Sterling at 90 pence against euro could remain steady if Brexit deal is done        

Sterling continues to trade in a narrow 90p to 91p range against the euro which suggests investors expect a deal to be agreed

The new lockdowns across Europe suggest the UK and EU governments will want to avoid a further Brexit shock and the UK economy is much more exposed in this regard.

Between the big second wave to the coronavirus, new lockdowns across Europe, and knife-edge US elections, the Brexit trade talks have slipped into the background. However, the clock is ticking.   

The markets remain calm, though, with sterling continuing to trade in a narrow 90p to 91p range against the euro, which suggests investors expect a deal to be agreed.