EU official: Brexit talks make progress, no deal yet - Bloomberg

Eren Sengezer FXStreet

According to Bloomberg, an EU official familiar with the matter said that despite some progress in Brexit negotiations, sides haven't been able to reach a deal yet and talks were expected to continue over the weekend.

The initial market reaction to this development dragged the GBP/USD pair to a fresh 2-day low at 1.3144. However, the losses stayed limited amid the thin trading conditions ahead of the weekend.

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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