Sterling’s rally extends in further in US session. And it’s appears to be boosted by news that Brexit deal is less than a month away. Brexit Minister Dominic Raab told MPs in a letter dated October 24 that November 21 is the date to conclude the deal. It’s published on the Commons Brexit committee this morning.
The key sentence in the letter is: “I would be happy to give evidence to the committee when a deal is finalized, and currently expect 21 November to be suitable.” Also, “The end is now firmly in sight and, while obstacles remain, it cannot be beyond us to navigate them. We have resolved most of the issues and we are building up together what the future relationship should look like and making real progress.”