France’s Beaune: Brexit tensions with the UK are a test for Europe
|Following the weekend’s conversation between the French President Emmanuel Macron and the UK PM Boris Johnson, the French Europe Minister Clement Beaune reaffirmed his country’s stance on the Brexit issues.
Key quotes
“Brexit tensions with the UK are a test for Europe.”
“Brexit engagements need to be respected. “
“Reiterates that measures could be taken against the UK if the UK does not respect Brexit “engagements.”
“Reiterates that France will defend the rights of its fishermen.”
Market reaction
GBP/USD is pressurizing the daily lows just ahead of 1.4100, undermined by the US dollar’s demand and the delay in the UK reopening. Brexit concerns return to haunt the pound traders.
The spot is trading at 1.4107, almost unchanged on the day, at the press time.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.