European Union Summit Has Investors Optemistic – 18 September, 2018

Sterling fell from its six week highs with investors growing continuously anxious about progress towards a Brexit deal before the EU summit this week. Against the dollar, the pound dipped 0.1 percent to $1.3143. The pound fell against the euro by 0.2 percent to 89.08 pence, hovering just above its biggest daily decline in over two weeks. Prime Minister Theresa May’s deal has the conservative party concerned, capping investors gains despite growing confidence that an agreement between London and Brussels can be secured.