Pound Hangs Onto Gains on Hopes Brussels
FxPremiere.com – Telegram Forex Signals | The pound eased two-month highs Wednesday but remained supported as investors seemingly bet the UK-EU will find a way out from their Brexit talks;
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UK Prime Minister Boris Johnson arrived in Brussels on Wednesday seeking to find common ground on “significant differences” that have stifled talks for eight months. Dollar Holds Near Session Highs
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Significant differences remain on three critical issues: level playing field, governance, and fisheries. One thing is absolutely clear – the integrity of the EU’s market must be preserved,” German Chancellor Angela Merkel said. Ahead of his departure to Brussels, Johnson said “good [post-Brexit trade deal] is there to be done” but insisted that no prime minister could accept the current offer on the table from the European Union. Pound to Euro GBPEUR Rises
Over the past couple of days, however, there has been reason for the optimism after the U.K. government reached a post-Brexit arrangement in principle over the Irish border with the European Union.
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Without a deal, both sides would have to adopt World Trade Organization trade terms that could see higher them impose higher levies on each other’s products.
Pound Hangs Onto Gains on Hopes Brussels
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Pound Hangs Onto Gains on Hopes Brussels Forex – Euro Eases From Highs
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Pound Hangs Onto Gains on Hopes Brussels
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