A joint statement from Boris Johnson and his Irish counterpart Leo Varadkar has seen a spike higher in the pound. The message on Twitter read as follows:
Source: Twitter
The announcement is decidedly upbeat in its tone and while it stops well short of suggesting a deal is imminent it has been warmly welcomed in the markets. The pound has jumped across the board in response as UK yields have gained with the GBP/EUR enjoying a strong bounce after earlier trading at its lowest level since the start of September.
GBPUSD has spiked higher once more on seemingly positive news on the Brexit front. Price has jumped by around 80 pips to trade back near the $1.23 handle. Source: xStation
Chart of the day: EURUSD under pressure after PMI data! 📉
BoJ maintains rates despite hawkish shift in outlook. What next for the USDJPY?
Gold approaches $5,000 as BOJ rides to rescue of bond market and UK retail sales rise
Morning wrap (23.01.2026)
This content has been created by XTB S.A. This service is provided by XTB S.A., with its registered office in Warsaw, at Prosta 67, 00-838 Warsaw, Poland, entered in the register of entrepreneurs of the National Court Register (Krajowy Rejestr Sądowy) conducted by District Court for the Capital City of Warsaw, XII Commercial Division of the National Court Register under KRS number 0000217580, REGON number 015803782 and Tax Identification Number (NIP) 527-24-43-955, with the fully paid up share capital in the amount of PLN 5.869.181,75. XTB S.A. conducts brokerage activities on the basis of the license granted by Polish Securities and Exchange Commission on 8th November 2005 No. DDM-M-4021-57-1/2005 and is supervised by Polish Supervision Authority.
