Pound reverses most of losses from Bank of England minutes on von der Leyen interview

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The British pound briefly reversed all of the losses it incurred from the Bank of England minutes showing consideration of negative interest rates after the Financial Times reported the president of the European Union still thought a trade deal with the U.K. was possible. “It is better not to have this distraction questioning an existing international agreement that we have, but to focus on getting this deal done, this agreement done – and time is short,” said Ursula von der Leyen in an interview. The pound recently traded at $1.2955, only down 0.1%.

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