Pound US dollar exchange rate: Brexit fuelled Sterling rockets above $1.30

The pound is trading against the dollar at a rate of $1.302 this morning after shooting up over 1.6 per cent yesterday and continuing the trend into today, showing a 0.2 per cent rise since opening. Yesterday’s sudden surge in the value of the pound was mostly caused by reports that Theresa May had agreed a deal with the EU that would permit financial services companies access to the EU market after Brexit – and vice versa.

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