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RationalFX : Finance Minister causes GBP weakness

RationalFX : Sterling struggled yesterday after comments by UK Finance Minister Sajid Javid stoked fears about weak ties between the UK….

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and the European Union following the country’s departure from the bloc.

In an interview, Javid said Britain would not commit to sticking to EU rules in post-Brexit trade talks.

This was seen as a threat to businesses that want to ease cross-border checks with the EU once the transition period following Britain’s departure on 31st January terminates at the end of the year.

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Source : ETFWorld.co.uk

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