The UK is not undermining the EU standards and wants to have a thriving trade and economic partnership with the EU, British Prime Minister Boris Johnson said on Monday. “We will not engage in a cut-throat race to the bottom, we will not engage in dumping,” Johnson added. “We will not insist the EU does everything we do, as price for free trade.” Market reaction These comments don’t seem to be helping the British pound stage a recovery. As of writing, the GBP/USD pair was down 1% on the day at 1.3065. 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 China to closely monitor economic operation, focus on impact from virus outbreak FX Street 2 years The UK is not undermining the EU standards and wants to have a thriving trade and economic partnership with the EU, British Prime Minister Boris Johnson said on Monday. "We will not engage in a cut-throat race to the bottom, we will not engage in dumping," Johnson added. "We will not insist the EU does everything we do, as price for free trade." Market reaction These comments don't seem to be helping the British pound stage a recovery. As of writing, the GBP/USD pair was down 1% on the day at 1.3065. 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.