Andrew Bailey, Governor of the Bank of England, has said noted limits to what his institution can do to mitigate disruption at the end of the Brexit transition. Bailey also added that work on negative interest rates is still ongoing. The BOE convenes next week to announce its last decision of the year. GBP/USD has extended its losses, falling to a new trough of 1.3184, the lowest since November 18. Sterling was earlier hit by fears of a no-deal exit after European Commission President Ursula von der Leyen said that the probability of a no-deal is higher than reaching an according. UK Prime Minister Boris Johnson said on Thursday that there is a “strong possibility” of a no-deal Brexit. 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. View All Post By FX Street FXStreet News share Read Next EUR/USD: Attack on 1.22? Another dose of good news needed after the FDA nod, ECB boost Yohay Elam 2 years Andrew Bailey, Governor of the Bank of England, has said noted limits to what his institution can do to mitigate disruption at the end of the Brexit transition. Bailey also added that work on negative interest rates is still ongoing. The BOE convenes next week to announce its last decision of the year. GBP/USD has extended its losses, falling to a new trough of 1.3184, the lowest since November 18. Sterling was earlier hit by fears of a no-deal exit after European Commission President Ursula von der Leyen said that the probability of a no-deal is higher than reaching an according.… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.