“We will not bargain away our values for the benefit of the British economy,” EU’s Brexit negotiator Michel Barnier told a news conference on Friday. Additional takeaways “The UK will have to become more realistic if it wants to progress in talks.” “The UK cannot pick and chose the most attractive elements of the single market without meeting obligations even EU members must meet.” “Next negotiating round must bring new dynamism in order to avoid stalemate.” “We are not going to let a third country set conditions for access to our single market.” “Not optimistic on chances for a deal with the UK.” “Agreement is possible but we are ready for no-deal and will be stepping up preparations.” The UK will have to become more realistic if it wants to progress in talks.” Market reaction The GBP/USD pair fell to its lowest level since late March at 1.2151 with the initial reaction. However, a renewed selling pressure surrounding the USD helped the pair recover modestly. As of writing, GBP/USD was down 0.4% on the day at 1.2176. 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 US Dollar Index turns negative and approaches 100.00 FX Street 2 years "We will not bargain away our values for the benefit of the British economy," EU's Brexit negotiator Michel Barnier told a news conference on Friday. Additional takeaways "The UK will have to become more realistic if it wants to progress in talks." "The UK cannot pick and chose the most attractive elements of the single market without meeting obligations even EU members must meet." "Next negotiating round must bring new dynamism in order to avoid stalemate." "We are not going to let a third country set conditions for access to our single market." "Not optimistic on chances for a deal with 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.
