French Pres. Macron: Hopes Brexit deal can be signed off tomorrow
|'All systems are GO' is the call from EU leaders with respect to Brexit with the French Presedent now crossing the airways who is sounding confirdent that a Brexit deal is being finalised, commenting in recent trade:
- Brexit agreement is being finalised.
- Hopes Brexit deal can be signed off tomorrow.
- Wants to believe’ Brexit agreement is being finalised, hopes deal can be signed off tomorrow.
FX implications:
It is now down to Parliament which is the clincher for the Pound. "Our favoured view is that early elections and Brexit delay are likely before a deal is eventually passed. For this reason our central view is that EUR/GBP is likely to be trading in the 0.90 area on a 1 to 3-month view, before GBP recovers ground into the new year. However, we will be reviewing these forecasts early next week in light of the events over the next few days," analysts at Rabobank explained.
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.