The Pound rose again to the 1.30 levels against the US Dollar, while hitting a 2 1/2 month high against the Euro following news that the European Union welcomed the new proposal for Brexit.
So far, Britain has been moving positively towards negotiations for a smooth exit from the European Union as the time approaches for leaving in March 2019.
The dollar is gaining ground and stabilizing near a six-week high as US bond yields soared, prompting investors to buy the dollar ahead of tomorrow's employment data, which is expected to show a strong pace of US economic growth.
The euro recovered slightly today after Italy said it would cut its budget deficit from 2020 and reduce debt over the next three years.
