Heron Therapeutics enters supply agreement with Patheon and Thermo Fisher
Investing.com -- The post-Brexit agreement that reshapes U.K.-EU relations isn’t a major factor for the British pound, but it could provide slight support for the currency during the summer, according to a note by ING’s Chris Turner.
The focus this week, however, is on the U.K. inflation data due Wednesday and whether the services sector is beginning to see a decline.
The U.K.-EU agreement, which was announced on Monday, encompasses areas such as security, energy, travel, trade, and fisheries.
GBP/USD is trading modestly higher in Tuesday’s morning session, exchanging hands at $1.3378.
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