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NewsBreak- Pound Spikes as Brexit Deal Reached, Say Johnson, Juncker 

ForexOct 17, 2019 05:42AM ET
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© Reuters.

Investing.com - The pound rallied on Thursday after the European Union Commission President Jean-Claude Juncker and U.K. Prime Minister Boris Johnson both confirmed via twitter that a Brexit deal had been reached.

  • GBP/USD jumped 0.8% to 1.2923 as of 5:40 AM ET (9:40 GMT). Gains were capped after Northern Ireland's Democratic Unionist Party said it remains opposed to the proposed agreement, which means it is unlikely to be passed by the U.K. Parliament.

  • EUR/GBP fell 0.3% to 0.8598.
  • NewsBreak- Pound Spikes as Brexit Deal Reached, Say Johnson, Juncker 
     

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    Comments
    TA XVCI
    TA XVCI Oct 17, 2019 6:31AM ET
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    This guy, look-a-like as Trump, will probably go out with no-deal if needed. I think the market will react negatively, he does not seem to want to make things go well. It's all a play for the gallery. My theory.
    Bo TR
    Bo TR Oct 17, 2019 6:30AM ET
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    after good news take opposite position
    Attapol Suwanyoosiri
    Attapol Suwanyoosiri Oct 17, 2019 6:19AM ET
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    I think many people want to see no-deal more..... But now, I want to know how boris johnson make a deal with North Iceland.
    YungJun Kim
    YungJun Kim Oct 17, 2019 5:56AM ET
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    my inverse... T.T targeting for no-deal
    Nyiko Dave
    Nyiko Dave Oct 17, 2019 5:56AM ET
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    So you think pound is going to drop after this spike?
    YungJun Kim
    YungJun Kim Oct 17, 2019 5:56AM ET
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    Nyiko Dave Isn't it a temporary case? I think it will be back to its position. I don't know much about Eurozone.
    Deepak Mehta
    DMEHTA Oct 17, 2019 5:54AM ET
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    Parliament next
    Tubsy SkinntFinger
    TubsSkinnyFinger Oct 17, 2019 5:50AM ET
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    Yeah sure.....
     
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