FROM THE 26TH JANUARY INTELLIGENCE REPORT:
Since the end of November, the pound has gone from $1.35 to breaking through $1.43 yesterday, meaning it is close to touching the levels it was seen at prior to the Brexit referendum vote in June 2016. Although at the time of writing the pound had settled down to $1.42. Good jobs data, the increasing likelihood of a Brexit transition period and a weakening US dollar have helped to push up the value of the pound, meaning UK material has cost more for those trading in US dollars. Today . . .
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