“The talks between Great Britain and the European Union (EU) are on the right track for progress, “Irish Prime Minister Micheal Martin said in an interview with Newstalk radio on Tuesday. On the recent resignation of the Brexit minister of the United KingdomMartin said he was concerned “because that was a potentially destabilizing potential in […]
Tag: Brexit
GBP / USD loses 1.3200 as Omicron fears rise
GBP / USD extends losses, with 1.3200 at risk amid intensifying risk aversion. Uncertainties surrounding the restrictions by Omicron in the UK hit the pound. The USD does not benefit from risk aversion flows, as Treasury yields sink through the curve. The GBP/USD it is trading near 1.3200, snaking near daily lows as sentiment around […]
Britain: Foreign Minister Liz Tras takes over post-Brexit negotiations with EU
Foreign Secretary Liz Tras will take over as Britain’s negotiator with the European Union for the Northern Ireland Protocol following the resignation of Brexit Secretary of State David Frost on Saturday night, the Breton office said today. “Tras will take ministerial responsibility for the UK’s relationship with the European Union with immediate effect … and […]
Ireland: Brexit minister’s resignation will not affect trade talks
The Irish government has said it does not consider the resignation of Brexit minister David Frost to delay the progress of post-Brexit trade talks in Northern Ireland, as he was merely representing the British government. As Public Defender Michael McGrath told RTE today, “We expect that he will not delay the progress that has been […]
Macron criticizes the British government and says it does not do what it says
The french president Emmanuel Macron has criticized the British government on Thursday, saying post-Brexit relations with the UK are difficult because the government doesn’t do what it says.. I hope Britain will re-commit itself to appropriate relations, he said. Your comments They occur in the context of current negotiations with France and the EU on […]
GBP / USD Updates Daily Lows, 1.3200 Again in Sight Amid Resurgent USD Demand
GBP / USD witnessed an intraday turnaround from around 1.3300 on Tuesday. Aggressive expectations from the Fed continued to prop up the USD and put pressure on the pair. Some subsequent sales below 1.3200 will set the stage for further losses. The USD caught some deals early in the American session and dragged the pair […]
M. Varvitsiotis: We want the same level of relations with Britain after Brexit
Bilateral relations between Greece and the United Kingdom and ways to further deepen bilateral cooperation in the post-Brexit era, were at the heart of the “productive meeting”, via a teleconference previously held by Deputy Foreign Minister Miltiadis Barvitsiotis, with the Minister of Culture British Media and Digital Policy, Julia Lopez. In particular, according to a […]
GBP / USD retreats from daily highs, fails to find acceptance above 1.3300
GBP / USD gains some positive traction on Thursday, although it lacks any continuation. Brexit-related uncertainties act as a headwind for the British pound and limit the pair’s gains. The fundamental backdrop favors USD bulls and supports prospects for a further decline. The pair GBP/USD retreats from daily highs at the start of the euopean […]
EUR / GBP at two-week highs above 0.8500 after Eurozone CPI
EUR / GBP picked up pace on Tuesday and rose above 0.8500, to a two-week high. The weaker dollar, the warmer than expected Eurozone CPI benefited the common currency. The EUR / GBP maintained its tone of demand after having exceeded 0.8500, and after the preliminary inflation data for the Eurozone, which showed figures above […]
EUR / GBP cuts some weekly losses, hovering around 0.8410
EUR / GBP remains stuck around the 0.8375-0.8430 range, with no clear direction. Euro zone: The fourth wave of COVID-19 could seriously affect Europe as Germany prepares for the possibility of enacting lockdowns. Brexit: The EU and the UK appear to be far from reaching a deal in the short term. The EUR/GBP it cuts […]
