Sterling to Euro Rates Reach Two Month High as Brexit Divorce Bill Is Agreed

The pound rallied early Friday morning following numerous press statements that the Brexit divorce bill between the EU and the UK had finally been agreed. The latest Brexit developments seeing the Sterling to Euro exchange rate reach a two-month high as investors got behind the pound in an assured move that hadn’t been seen for months.

The UK and EU’s divorce settlement

One point of contention, Irish border aside had been the compensation that was due to the European Union following the UK’s departure from the Union. Its understood that the net cost to the UK will be approximatively €40 ...