untitled design

The European Union is poised for a no-deal Brexit scenario – Ursula von der Leyen

The President of the European Commission, Ursula von der Leyen, made some comments related to Brexit in the last hour and raised doubts about the prospects for a deal.

Featured statements:

There is some progress in the Brexit negotiations.
There are still differences on three key issues.
I cannot say if there will be an agreement with the UK.
We will do everything in our power to reach an agreement.
The EU is ready for a no-deal scenario.

However, the comments did little to fuel a selloff around the British pound as investors remain bullish on the possibility of a last minute deal. The pair GBP/USD it was last seen trading near the upper end of its daily range, around the 1.3375-80 region.

.

You may also like

Get the latest

Stay Informed: Get the Latest Updates and Insights

 

Most popular