The pound is on the rise for the sixth straight session, extending gains by 0.3% at the start of the week versus both the euro and the dollar, as thin trading volume enhances action in the fx markets. Pound traders are shrugging off the no deal Brexit concerns that caused sterling to pare post-election gains. The UK is set to leave the UK on 31st January, entering a transition period whereby it will remain in the single market and customs union until the end of 2020. Boris Johnson has pledged to not extend the transition period, meaning that there is a tight timetable for complex UK/EUR trade negotiations. The EU ... (full story)