It has been almost a month since the post-Brexit agreement between the UK and the European Union reached an agreement. After freeing ties with the European Union, the UK has begun to establish trade and diplomatic relations with other countries to strengthen its position on the world stage.
Today, British Prime Minister Boris has issued a statement saying he is looking forward to meeting with Joe Biden to share 'common interests'. This statement was issued a few hours before Joe Biden will be appointed 46th U.S. president.
According to Johnson, he had spoken to Biden as he won the presidential election and was looking forward to a joint meeting one day. He hoped the UK and the United States (U.S.) could work together in politics and trade. This is because the UK and the U.S. have the same priorities as addressing the issue of climate change and developing the economy amid the spread of the Covid-19 epidemic.
A statement from Boris Johnson has boosted market expectations as it signals that the UK administration is working to revive their economy affected by the Covid-19 outbreak and the post-Brexit deal.
The GBP recorded a strengthening against the US dollar of 0.29% to the exchange rate of 1.3664 as of 9.20 p.m. Among other factors driving the consolidation was the increase in inflation in December.
