UK: Government said not to expect breakthrough at Cox-Barnier meeting
|The British pound is now suffering heavy losses against its major rivals following reports of the British government not expecting a breakthrough at today's meeting between Attorney General Fox and the EU's Chief Brexit Negotiator Michel Barnier. Furthermore, news outlets are claiming that the UK government does not plan to publish no-deal tariffs before the meaningful vote. At the moment, the GBP/USD pair is trading at its lowest level since February 26, losing 0.33% on the day at 1.3145.
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.