XE Market Analysis: Sterling Shines Near a Two-Month High on Brexit Optimism

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OVERVIEW

  •  The US dollar index remains steady near and hovers around a three-week high as shutdown persists 
  • GBP climbs above the mid-point of 1.31 after DUP extends support to the Plan B of the Brexit separation agreement
  • NYMEX WTI Crude is up 0.4%, and the market is nervous about potential oil production outages in Venezuela

HIGHLIGHT