Betting on a Brexit deal

With just two weeks to go before the Brexit transition period comes to an end, UK Prime Minister Boris Johnson and EU Commission President Ursula von der Leyen still haven’t agreed on the terms of a future relationship. But there’s little sign of panic in financial markets. News that the negotiations will continue past the Sunday deadline and signs that the mood has become slightly more conciliatory have pushed the pound higher this week. But will this optimism last and what does it mean for the pound if ultimately, no deal is agreed? In this podcast, ING's Global Head of Markets Chris Turner discusses the outlook for sterling, and what may be in store for other currencies in 2021.