The Sterling was among the best performers against the greenback in the last trading day of the year, surging to 1.2814, to finally settle in its comfort zone around 1.2750. The Pound surged on comments by Foreign Minister Hunt, who said that May’s deal could pass the Parliament if the EU provides clarification that the Irish backstop will be temporal. However, EU’s Juncker said Monday that the UK needs to “get its act together,” as is not up to the EU to resolve British problems. This suggests that Brexit will continue to remain a thorny issue limiting any solid upside move in favor of GBP. Meanwhile No-Confidence ... (full story)