There is a strong possibility that the UK will not be able to reach a deal with the EU, British Prime Minister Boris Johnson said on Thursday, as reported by Reuters. Additional takeaways “Cabinet agreed deal on the table is not right for the UK.” “The EU plan on equivalence is not a sensible way to proceed, keeps us locked in the EU’s orbit.” “We have to keep going in negotiations, we will go the extra mile.” “Told cabinet to make no-deal preparations.” “Vital we now get ready for the Australian option of no-deal.” “The EU has made things unnecessarily difficult in the last few weeks.” “Now is time for public and businesses to get ready for Jan. 1.” Market reaction The GBP/USD pair edged lower after these remarks and was last seen losing 0.9% on a daily basis at 1.3273. 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/CHF recovers modestly from multi-year lows, stays below 0.8900 FX Street 2 years There is a strong possibility that the UK will not be able to reach a deal with the EU, British Prime Minister Boris Johnson said on Thursday, as reported by Reuters. Additional takeaways "Cabinet agreed deal on the table is not right for the UK." "The EU plan on equivalence is not a sensible way to proceed, keeps us locked in the EU's orbit." "We have to keep going in negotiations, we will go the extra mile." "Told cabinet to make no-deal preparations." "Vital we now get ready for the Australian option of no-deal." "The EU has made things unnecessarily difficult… 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.
