The Pound has just spiked following some surprise comments from EU chief Brexit negotiator Barnier.
At a press briefing in Berlin, he just said that they (EU) are prepared to offer a partnership with Britain such as they’ve never had with any other country before. Taken at face value, this headline would obviously represent a marked change in rhetoric from their previous stance and could be a bit of game-changer.
Clearly, it’s a rather vague comment lacking any details, so it must be taken with a pinch of salt. However, whichever way you look at it, you still get the sense that their tone is softening and that they seem keen to reach a deal. This comment follows earlier comments from UK Brexit negotiator, Dominic Raab, who said he was confident a deal is “within our sights”.
As a result, the Pound has shot up over a cent against both the Euro and USD.