GBP/USD, EUR/GBP Eyes Brexit Newest
GBP/USDFUNDAMENTAL HIGHLIGHTS: Impartial
- Boris Johnson Steps up No-Deal Rhetoric, however Talks Proceed
- Brexit Headline Watching to Keep Uneven GBP Circumstances
Boris Johnson Steps up No-Deal Rhetoric, however Talks Proceed
The soft-deadline of the EU summit has handed with little progress between the EU and UK, which in flip has seen the UK PM step up his no-deal rhetoric. Nevertheless, this appears to be political posturing with each events urgent for a compromise by their counterpart. That mentioned, the Kilos temporary dip to weekly lows (1.2860) seems to be fairly telling that the market is asking Boris Johnson’s bluff that the UK is actually heading to a no-deal. Alongside this, talks are set to go forward subsequent week with EU Chief Negotiator Barnier coming to the UK. Whereas the EU even have their soft-deadline for the tip of October, this week highlights that soft-deadlines might be fairly simply damaged.
Brexit Headline Watching to Keep Uneven GBP Circumstances
As we glance to subsequent…