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European Union Internal Market Commissioner sees a 50-50 chance of agreement on Brexit

There’s a 50-50 probabilities of an agreement on the Brexes, said Friday the Commissioner for the Internal Market of the European Union (EU), Thierry Breton.

“We have very clear conditions and access to our European market,”

“Britain would have more to lose than the EU if the talks broke down causing a Brexit no-deal.”

These comments come after Michel Barnier, the EU Brexit chief negotiator, warn of “serious divergences“between Brussels and the UK despite 14 days of intense negotiations.

GBP / USD reaction

The renewed concern for the Brexi did not have a negative impact on the pound, as the expansion of the THAT of the BOE and the extension of job protection plan the Minister of Finance, Rishi Sunak, offered a double booster injection.

As of this writing, the pair GBP/USD was operating slightly stable in 1.3133, with the intention of retesting the two-week highs in the 1.3157 reached in early Asia.


Credits: Forex Street

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