Ambassadors of the European Union have failed to thrash out a common stance ahead of negotiations with the UK on post-Brexit trade arrangements. Representatives of the 27 member states have disagreed on the definition of a level playing field – the degree of British alignment that Brussels will require from London for easy market access. Ministers are set to approve a common EU position by next Tuesday, ahead of negotiations in March. The UK left the bloc on January 31 but maintains most rights and obligations during the transition period which expires at year-end. The EU’s inability to formalize a stance may potentially cause a delay in talks, risking a higher chance of Britain reverting to World Trade Organization rules from 2021 – unfavorable commerce conditions. GBP/USD is trading around 1.2927, down mostly on the strength of the US dollar. 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 Litecoin Price Analysis: LTC/USD can fly if its breaks down $77-78 area FX Street 2 years Ambassadors of the European Union have failed to thrash out a common stance ahead of negotiations with the UK on post-Brexit trade arrangements. Representatives of the 27 member states have disagreed on the definition of a level playing field – the degree of British alignment that Brussels will require from London for easy market access. Ministers are set to approve a common EU position by next Tuesday, ahead of negotiations in March. The UK left the bloc on January 31 but maintains most rights and obligations during the transition period which expires at year-end. The EU's inability to formalize a… 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.
