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EU official: Brexit talks make progress, no deal yet – Bloomberg

According to Bloomberg, an EU official familiar  with the matter said  that despite some progress in Brexit negotiations, sides haven’t been able to reach a deal yet and talks were expected to continue over the weekend.  

The initial market reaction to this development dragged the GBP/USD pair to a fresh 2-day low at 1.3144. However, the losses stayed limited amid the thin trading conditions ahead of the weekend.

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