On the decisive day for relations between the EU and Great Britain at the European Council, the pound weakens against the US dollar. The British currency is trading at 1,4314 greenbacks, catching up with a seven-year low of $1,4080, touched last month precisely on concerns about the possible "Brexit".
At the end of the day, at the end of the European Council, it will be known whether Great Britain has found an agreement with the rest of Europe that can satisfy even the Eurosceptics. L'euro in the morning is traded at 0,7748 pounds.
In the rest of the currency market, noteworthy is the strength of the yen which rose to a two-year high against the euro, down to 125,08 (minimum since June 2013 when it reached 124,96 yen). Against the dollar, the euro is trading at 1,1093 after falling to a low of 1,1071 yesterday.
