# Pound Sterling Firms on Hopes Final Brexit Trade Negotiations Deliver Progress

> Sterling traded higher against the euro and dollar as the ninth and final scheduled round of UK-EU trade talks began. Both sides remained optimistic about a deal before a mid-October EU summit, with a post-negotiation briefing due Thursday.

- Date: 2020-09-28 · published 2020-09-28T12:00:00.000Z
- Category: macro · region UK · magnitude low
- Page: https://feedsoft.ai/events/51376-pound-sterling-firms-on-hopes-final-brexit-trade-negotiations-deliver-progress
- Commodities: [British Pound (USD per GBP)](https://feedsoft.ai/c/GBPUSD.md)

## Why it matters

Progress toward a Brexit deal supports sterling, slightly lowering the cost of dollar-priced feed imports for UK buyers. Grain and oilseed prices are not directly affected.

## Read by commodity

- GBPUSD: bullish ▲

## Sources

- poundsterlinglive.com: https://www.poundsterlinglive.com/gbp-live-today/14232-pound-sterling-in-firm-start-against-euro-and-dollar-as-brexit-talks-head-for-final-showdown

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.