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EU Commission: Brexit extension to be decided next week at summit

A spokesman for the European Commission declined to comment on the possibility of an extension to Article 50 and added that they would decide on a possible delay to Brexit next week at the summit. Meanwhile, European Central Bank Governing Council member Coeure said that risks to financial stability from no deal Brexit had been broadly addressed and were likely to be  limited.

Ahead of the critical NFP data, the GBP/USD pair didn’t pay much attention to these headlines and was last seen trading near yesterday’s closing level of 1.3075.

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