Cable pretty much erases the bounce from yesterday, what to look out for next? 0 (0)

GBP/USD slumps to a low of 1.2910, effectively erasing yesterday’s bounce
The pound is struggling for traction this morning as we get towards the EU summit and despite the optimism from yesterday about the UK possibly extending talks beyond this week, nothing is a given just yet at the moment.

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Dutch PM Rutte: UK movement necessary for a Brexit breakthrough 0 (0)

Comments by Dutch prime minister, Mark Rutte
European leaders are now starting to arrive for the summit later today, so expect to hear more posturing and remarks such as this in the coming few hours. The roundtable discussion is only expected to take place later at around 1300 GMT today.

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