The European Union (EU) is now in the last moments to reach a Brexit trade deal with the United Kingdom, EU Trade Commissioner Valdis Dombrovskis said on Wednesday, as reported by Reuters.
Earlier in the day, Reuters reported – citing two diplomatic sources – that EU negotiators will be updating envoys on the latest developments surrounding Brexit talks on Friday at 0700 GMT.
Market reaction
The GBP/USD pair edged slightly lower following these comments and was last seen gaining 0.22% on a daily basis at 1.3271.