EU's Barnier to brief EU governments on Brexit on Wednesday

Eren Sengezer FXStreet

Citing a senior German government official, Reuters on Tuesday reported that the European Union's (EU) Chief Brexit Negotiator Michel Barnier was expected to brief the EU governments on Brexit on Wednesday.

"There has been progress made in Brexit talks, but Britain still needs to move towards our position," the official added.

The GBP/USD pair largely ignored these comments and was last seen trading at 1.2642, adding 0.28% on a daily basis while the EUR/GBP was down 0.45% on the day at 0.8705.

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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