The Confederation of British Industry (CBI), a British employers group, said on Sunday, the European Union (EU) is less prepared for a no-deal Brexit than the UK. Key Highlights (via Reuters): The EU, with the exception of Ireland, lags behind Britain in its no-deal preparations “by some way.” “The combination of the EU and UK’s different approaches creates an imbalance, where EU goods and services exports will have easier access to the UK than UK goods and services exports will to the EU.” “From the business perspective, the UK has taken a more responsible approach, but it has also put the UK in a position of relative weakness for negotiating with the EU in the future.” The no-deal Brexit fears are already affecting the sentiment around the pound, and with the EU seen less prepared for it, the shared currency could be also weighed down by the renewed Brexit risks. 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/CNH surges to 3-week high amid Hong Kong protests, trade woes FX Street 4 years The Confederation of British Industry (CBI), a British employers group, said on Sunday, the European Union (EU) is less prepared for a no-deal Brexit than the UK. Key Highlights (via Reuters): The EU, with the exception of Ireland, lags behind Britain in its no-deal preparations "by some way." "The combination of the EU and UK's different approaches creates an imbalance, where EU goods and services exports will have easier access to the UK than UK goods and services exports will to the EU." "From the business perspective, the UK has taken a more responsible approach, but it has also put… 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.
