Home EU’s Barnier: We continue to prepare for all options, including a no-deal by year-end
FXStreet News

EU’s Barnier: We continue to prepare for all options, including a no-deal by year-end

“We don’t want British divergence from the EU rules to result in unfair competition,” European Union’s Chief Brexit Negotiator, Michel Barnier, said on Monday and added that the access to the EU market of 450 million people will not be in exchange for nothing.

“In talks with the UK, we will defend the interests of EU citizens and businesses,” Barnier noted. “We continue to prepare for all options, including a no-deal by year-end.”

GBP sell-off continues

As of writing, the GBP/USD pair was down 1.05% on the day at 1.3060.

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.