British Prime Minister Boris Johnson said on Monday that the UK’s position on trade negotiations between the EU and UK has not changed.
Additional conclusions
“There are problems.”
“We must be able to control our laws and fisheries.”
“The terms of the WTO would be more than satisfactory for the UK.”
“We can deal with a no deal, it’s not that we don’t want a deal.”
Market reaction
These comments were largely ignored by market participants and the British pound continues to consolidate the losses it suffered against its rivals. At the time of writing, the pair GBP/USD it was down 1.3% on the day to 1.3345.
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