A spokesman for Boris Johnson, the UK prime minister, said on Tuesday that the prime minister has once again emphasized to his cabinet his desire to reach a trade deal with the European Union, but not at any cost, Reuters reported.
The prime minister reiterated to the cabinet that a “no-deal” with the European Union remains the most likely scenario.
Market reaction
Despite the above, the pound is among the best performing currencies on Tuesday. GBP / USD rises and is approaching 1.3400, while EUR / GBP went from close to 0.9160 to fall to 0.0960.
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