In a statement summarising the round-three of Brexit negotiations with the EU, UK’s Brexit negotiator Frost noted that he regrets that they made very little progress toward an agreement. Additional takeaways “There is clearly a good understanding between negotiators.” “Major obstacle to this is the EU’s insistence on including a set of novel and unbalanced proposals on the so-called level playing field.” “We very much need a change in the EU’s approach for the next round beginning on 1 June.” “We intend to make public all the UK draft legal texts during next week so that the EU’s member states and interested observers can see our approach.” “As soon as the EU recognises that we will not conclude an agreement on that level playing field basis, we will be able to make progress.” Market reaction The GBP/USD pair fell sharply on these comments and was last seen losing 0.44% on the day at 1.2172. 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 EU’s Barnier: UK refuses to engage in full conversation on “level playing field” FX Street 2 years In a statement summarising the round-three of Brexit negotiations with the EU, UK's Brexit negotiator Frost noted that he regrets that they made very little progress toward an agreement. Additional takeaways "There is clearly a good understanding between negotiators." "Major obstacle to this is the EU’s insistence on including a set of novel and unbalanced proposals on the so-called level playing field." "We very much need a change in the EU's approach for the next round beginning on 1 June." "We intend to make public all the UK draft legal texts during next week so that the EU’s member states and interested observers… 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.
