“The financial sector of the UK is ready for Brexit, whether there are more decisions on equivalence or not, “he said Thursday the Governor of the Bank of England (BoE), Andrew Bailey, while speaking in the European Central Bank Forum on Central Banking.
Additional conclusions
“We are encouraged that trade discussions on Brexit continue.”
“We hope there will be a spirit of goodwill surrounding the inevitable disruption after the transition period ends.”
“It will not prejudge the outcome of the Brexit trade negotiations.”
Market reaction
These comments were largely ignored by market participants and the pair. GBP/USD it was last seen shedding 0.62% on the day at 1.3138.
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Credits: Forex Street
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