NewsBreak: Sterling Jumps as Johnson, Varadkar 'See Path to Deal'

10 October 2019, 17: 31
© Reuters.

The British pound jumped nearly half a cent against the euro and by more against the dollar, after Prime Minister Boris Johnson and his Irish counterpart Leo Varadkar said they saw a "pathway to a possible deal" on Brexit. They provided no details in a brief joint statement, but the statement alone revived hopes that talks on avoiding a disorderly departure from the EU would at least continue ahead of a make-or-break summit of EU heads of government next week.

 

  • GBP/EUR at 1.1130 by 10:27 AM ET (1427 GMT), from 1.1090 before the announcement