Brexit: UK aims to legislate against Brexit deal within three weeks


Share:

The UK has been long supporting the case to modify the Northern Ireland Protocol amid the barriers it creates in Northern Ireland. Another issue comes from delay and prices rises amid checks requirements.

Last week, UK Foreign Secretary Liz Truss updated the local parliament, noting that their preference is to reach a negotiated solution with the EU.

However, the Union has refused to reopen the treaty and has threatened to use “all the measures at its disposal” is the UK takes unilateral action to override the Brexit deal.

The GBP/USD pair was  unaltered by the news. 

Share: Feed news

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. The author will not be held responsible for information that is found at the end of links posted on this page.

If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.

FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted.

The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.

Follow us on Telegram

Stay updated of all the news

Join Telegram

Recommended content


Follow us on Telegram

Stay updated of all the news

Join Telegram

Recommended content

Editors’ Picks

AUD/USD slips below 0.6700 as downbeat Australia inflation recall Aussie bears

AUD/USD slips below 0.6700 as downbeat Australia inflation recall Aussie bears

AUD/USD drops 20 pips to 0.6690 as Aussie inflation disappoints during early Wednesday. In doing so, the risk barometer pair snaps two-day winning streak. That said, Australia’s Monthly Consumer Price Index dropped to 6.8% YoY in February versus 7.2% expected and 7.4% prior.

AUD/USD News

USD/JPY: 200-HMA prods bulls around mid-131.00s

USD/JPY: 200-HMA prods bulls around mid-131.00s

USD/JPY struggles around intraday high as the key moving average challenges the Yen pair buyers during early Wednesday. Also testing the upside momentum are the overbought conditions of the Relative Strength Index (RSI) line, placed at 14.

USD/JPY News

Gold is in pressure mode as markets reassess banking crisis, inflation woes

Gold is in pressure mode as markets reassess banking crisis, inflation woes

Gold stays defensive around $1,972, after snapping a two-day losing streak the previous day, as bulls seek more clues amid a cautious mood ahead of the top-tier data. Also challenging the XAU/USD price could be the mixed concerns about the market’s recent optimism that the banking turmoil is over.

Gold News

This is how Arbitrum and Optimism are dragging users away from Ethereum

This is how Arbitrum and Optimism are dragging users away from Ethereum

Arbitrum became the highlight of the month as the Layer-2 (L2) blockchain launched its native token, ARB. Since then, the L2 narrative that was once the talking point of 2022 has exploded again.

Read more

Unfazed: Confidence edges higher despite banking situation

Unfazed: Confidence edges higher despite banking situation

Consumers may not love the present conditions, but a slightly more upbeat take on where things are headed was enough to give overall confidence a nudge in the right direction in March. 

Read more

Forex MAJORS

Cryptocurrencies

Signatures