Home EU willing to offer May a UK-wide customs arrangement – RTÉ News
FXStreet News

EU willing to offer May a UK-wide customs arrangement – RTÉ News

According to the latest headlines floating on the wires, via RTÉ News, the EU will offer British Prime Theresa May a UK-wide customs union as a way around the Irish backstop issue, but it will have to be negotiated beyond the Withdrawal Agreement as a separate treaty.

The news triggered a fresh leg of an upsurge in the British Pound, with the GBP/USD pair surging nearly 50-pips to hit fresh session tops, around mid-1.3100s.
 

FX Street

FX Street

FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions.