James Rossiter, Senior Global Strategist at TD Securities, points out that the last few weeks have been tumultuous ones for Brexit negotiations as expectations have swung, in the span of just days, from a soft Brexit (in the wake of Chequers) to a hard one (following amendments to the Customs Bill). Key Quotes “There are two main stages to the Brexit process, and much of the noise in recent weeks has not been about the more pressing first stage.” “Stage I is the withdrawal (and transition) agreement; Stage II is the trade deal. Stage I is now 80% complete, and the EU is showing surprising flexibility on the remaining 20%, the backstop for the Irish border.” “We expect this deal to be signed off by year-end.” “The Chequers proposal focused on Stage II, the trade deal, and for that reason, the EU will not fully engage with it until 2019 and 2020, once the UK has formally left the EU.” “The UK has attempted to merge the negotiation stages, which has tested the EU’s patience. There remains a wide set of outcomes for the future trade deal.” 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 USD/JPY flirts with 111.00 handle, session lows FX Street 5 years James Rossiter, Senior Global Strategist at TD Securities, points out that the last few weeks have been tumultuous ones for Brexit negotiations as expectations have swung, in the span of just days, from a soft Brexit (in the wake of Chequers) to a hard one (following amendments to the Customs Bill). Key Quotes "There are two main stages to the Brexit process, and much of the noise in recent weeks has not been about the more pressing first stage." "Stage I is the withdrawal (and transition) agreement; Stage II is the trade deal. Stage I is now 80% complete, and… 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.
