The European Union (EU) needs to be prepared for the possibility that they may not be able to reach an agreement with the United Kingdom, German Chancellor Angela Merkel said on Wednesday. Regarding the EU recovery fund, Merkel noted that EU members are still far apart on the matter. Market reaction These comments seem to be weighing on market sentiment. As of writing, Germany’s DAX 30 Index was down 1.52% on the day at 12,124 points and the UK’s FTSE 100 was losing 1.17% at 6,097 points. 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 dives to session lows, around mid-107.00 ahead of US macro data FX Street 2 years The European Union (EU) needs to be prepared for the possibility that they may not be able to reach an agreement with the United Kingdom, German Chancellor Angela Merkel said on Wednesday. Regarding the EU recovery fund, Merkel noted that EU members are still far apart on the matter. Market reaction These comments seem to be weighing on market sentiment. As of writing, Germany's DAX 30 Index was down 1.52% on the day at 12,124 points and the UK's FTSE 100 was losing 1.17% at 6,097 points. 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.