New York (awp/afp) - The pound rose against the major currencies on Monday on the back of optimism about the resumption of trade talks between the United Kingdom and the European Union, while the dollar weakened. a little weakened.

Around 7:10 p.m. GMT (9:10 p.m. in Paris), the pound gained 0.67% against the greenback, at 1.2832 dollars, and 0.39% against the European currency, at 90.89 pence for one euro.

Earlier in the day in London, it had even exceeded 1% upside against the two currencies, which is unusual in the foreign exchange market, which is less volatile than other markets.

“The pound is starting the week off on the right foot in a more optimistic Brexit environment,” commented Fiona Cincotta, analyst for City Index.

Pressed for time and despite confidence shaken by the British reversal of the Brexit treaty, the United Kingdom and the EU resume dialogue on Monday, with the hope that an agreement on their future trade relationship remains possible.

At the heart of these discussions, the very controversial bill currently being examined in the British Parliament, which calls into question certain commitments made by the United Kingdom in the agreement governing its departure from the EU on January 31.

If this text casts "a shadow over the discussions", "the fact that the EU has not yet put an end to the negotiations is encouraging", explained Ms Cincotta.

Elsewhere, according to Sebastien Clements, analyst for OFX, the pound increased its gains after Dave Ramsden, a Bank of England official, “dismissed the prospect of negative interest rates in the short term”.

Such a hypothesis has become more and more likely over the weeks and while the institution has announced that it is thinking concretely about this possibility.

A further drop in interest rates, down to negative territory, affects the return on the currency and therefore its appeal to traders.

In addition, the euro gained 0.28% against the greenback at 1.1663 dollars.

                   Monday class Friday class

                   7:10 PM GMT 9:00 PM GMT

EUR/USD 1.1663 1.1631

EUR/JPY 123.07 122.81

EUR/CHF 1.0786 1.0797

EUR/GBP 0.9089 0.9126

USD/JPY 105.52 105.58

USD/CHF 0.9248 0.9283

GBP/USD 1.2832 1.2746

afp/rp

Home Areastock market > Currencies > Euro / US Dollar (EUR/USD) EURUSD EURO / US DOLLAR (EUR/USD) Add to my list Deferred Time - 09/29 15:00:28 1.1702 USD +0.22% 13:36 WALL STREET STOCK EXCHANGE : Wall Street prepares for the first debate between Trump and Biden D 12:00 TRACKINSIGHT : Rebound in tech stocks amid resurgence in Covid-19 cases and fears of re-lockdown IT 11:20 The British pound benefits from a wind of optimism on Brexit AW Synthesis Quotes Graphics News Derivatives Community Synthesis All news MarketScreener Analysis Pound climbs after renewed Brexit optimism     0 09/28/2020 | 15:31 New York (awp/afp) - The pound rose against the major currencies on Monday on the back of optimism about the resumption of trade talks between the United Kingdom and the European Union, while the dollar weakened. a little weakened. Around 7:10 p.m. GMT (9:10 p.m. in Paris), the pound gained 0.67% against the greenback, at 1.2832 dollars, and 0.39% against the European currency, at 90.89 pence for one euro. Earlier in the day in London, it had even exceeded 1% upside against the two currencies, which is unusual in the foreign exchange market, which is less volatile than other markets. “The pound is starting the week off on the right foot in a more optimistic Brexit environment,” commented Fiona Cincotta, analyst for City Index. Pressed for time and despite confidence shaken by the British reversal of the Brexit treaty, the United Kingdom and the EU resume dialogue on Monday, with the hope that an agreement on their future trade relationship remains possible. At the heart of these discussions, the very controversial bill currently being examined in the British Parliament, which calls into question certain commitments made by the United Kingdom in the agreement governing its departure from the EU on January 31. If this text casts "a shadow over the discussions", "the fact that the EU has not yet put an end to the negotiations is encouraging", explained Ms Cincotta. Elsewhere, according to Sebastien Clements, analyst for OFX, the pound increased its gains after Dave Ramsden, a Bank of England official, “dismissed the prospect of negative interest rates in the short term”. Such a hypothesis has become more and more likely over the weeks and while the institution has announced that it is thinking concretely about this possibility. A further drop in interest rates, down to negative territory, affects the return on the currency and therefore its appeal to traders. In addition, the euro gained 0.28% against the greenback at 1.1663 dollars. Monday class Friday class 7:10 PM GMT 9:00 PM GMT EUR/USD 1.1663 1.1631 EUR/JPY 123.07 122.81 EUR/CHF 1.0786 1.0797 EUR/GBP 0.9089 0.9126 USD/JPY 105.52 105.58 USD/CHF 0.9248 0.9283 GBP/USD 1.2832 1.2746 afp/rp Values quoted in the article Varies. Last Var. Jan 1 BRITISH POUND / AUSTRALIAN DOLLAR (GBP/AUD) -0.57% 1.80421 -4.08% BRITISH POUND / CANADIAN DOLLAR (GBP/CAD) 0.03% 1.71971 -0.84% BRITISH POUND / JAPANESE YEN (GBP/JPY) 0.06% 135.812 -6.50% BRITISH POUND / NEW ZEALAND DOLLAR (GBP/NZD) -0.49% 1.95087 -1.22% BRITISH POUND / SWISS FRANC (GBP/CHF) -0.36% 1.18506 -7.70% BRITISH POUND / US DOLLAR (GBP/USD) -0.13% 1.28563 -3.74% EURO / BRITISH POUND (EUR/GBP) 0.36% 0.91024 7.80% EURO / JAPANESE YEN (EUR/JPY) 0.40% 123.624 0.83% EURO / SWISS FRANC (EUR/CHF) 0.00% 1.0787 -0.57% EURO / US DOLLAR (EUR/USD) 0.22% 1.1702 3.77% OFX GROUP LIMITED 0.45% 1.11 -20.43% US DOLLAR / JAPANESE YEN (USD/JPY) 0.20% 105.641 -2.87% US DOLLAR / SWISS FRANC (USD/CHF) -0.22% 0.92178 -4.01%