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Sterling remains ‘rangebound’ as post-Brexit trade talks continue to hang in the balance

He added: “Leaving the EU was always going to be major hurdle for international trade and a weight hanging on the pound’s value.

“Disruption to trade was always expected after Brexit, and even with a trade deal, companies were always going to face a plethora of barriers to trade with the world’s biggest trading bloc.

“For this reason, the upside risk to sterling is likely outweighed by the downside risk if a trade deal isn’t secured in time.

“Negotiations continue this week, and a deadline of mid-November has been agreed by both sides in order to give enough time to ratify a deal before year end.”

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Daily Express

The Daily Express is a daily national middle-market tabloid newspaper in the United Kingdom. Published in London, it is the flagship of Express Newspapers, owned by publisher Reach plc. It was first published as a broadsheet in 1900 by Sir Arthur Pearson. Its sister paper, the Sunday Express, was launched in 1918.

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