BoE's Cunliffe: Risk of no deal Brexit and no transition has gone up

Eren Sengezer FXStreet

While speaking at an event in Lisbon, Bank of England (BOE) Monetary Policy Committee (MPC) member and Deputy Governor Cunliffe argued that the risk of a no deal Brexit and no transition had gone up but added they prepared their financial sector.

The British pound largely ignored these comments and the GBP/USD pair was last seen trading at 1.2570, losing 0.15% on a daily basis.

Author

Eren Sengezer

FXStreet

As an economist at heart, Eren Sengezer specializes in the assessment of the short-term and long-term impacts of macroeconomic data, central bank policies and political developments on financial assets.

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