Bank of England (BOE) Monetary Policy Committee (MPC) member and Deputy Governor Cunliffe on Monday noted that the Brexit uncertainty was weighing on investment. “Even if we get a Brexit transition deal, we still don’t know what final trading relationship will be,” Cunliffe added. “Politics around Brexit have taken us to places we have not expected or seen before.” Markets largely ignored these comments and the GBP/USD pair was last seen trading at 1.2555, down 0.73% on a daily basis. Below are some additional quotes, per Reuters. “The global economy is weaker, trade disruption is hurting investment globally.” “The economic outlook is weaker than we expected a year ago, rates could move in either direction after no-deal Brexit.” “The BoE has other tools that would be more effective than negative rates.” 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 technical analysis: Euro starts the week wavering above the 1.1000 handle FX Street 4 years Bank of England (BOE) Monetary Policy Committee (MPC) member and Deputy Governor Cunliffe on Monday noted that the Brexit uncertainty was weighing on investment. "Even if we get a Brexit transition deal, we still don't know what final trading relationship will be," Cunliffe added. "Politics around Brexit have taken us to places we have not expected or seen before." Markets largely ignored these comments and the GBP/USD pair was last seen trading at 1.2555, down 0.73% on a daily basis. Below are some additional quotes, per Reuters. "The global economy is weaker, trade disruption is hurting investment globally." "The… 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.
