The pound slipped against the dollar in Asia trading on Monday as several European countries closed their borders to the UK. The UK currency fell by 1.2% amid renewed concern about Covid-19 cases in the UK and another EU missed deadline. The US dollar was buoyed after a $900bn plan to help its economy weather the coronavirus pandemic was agreed on. Post-Brexit trade talks are set to continue on Monday between negotiators. The UK and the EU are trying to reach a trade deal before the Brexit transition period ends on 31 December.The stalled negotiations have been partly responsible for the pound fluctuating over recent … (full story)
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