Gibraltar Pounds

The pound spiked higher across the board during the morning London session, thanks to a leaked draft of the future relationship between the U.K. and the E.U., which included plans for a free-trade deal.

Consolidation was the name of the game for most dollar pairs as U.S. session traders were out celebrating Thanksgiving. Still, the Canadian dollar managed to score some gains.

Britain’s sluggish economy looks set for more weak growth stretching out over the next five years, according to official forecasts announced by finance minister Philip Hammond on Tuesday as the country heads for Brexit.

Mundane back-office concerns are giving pause to potential investors in digital currency hedge funds