Former UK Brexit secretary, David Davis was out on the wires in the last hour, saying that we should not expect much from Salzburg meeting on Brexit and the EU may pile on extra requests.

Key quotes:

   •  That means Theresa May will get a deal she cannot bring back to parliament.
   •  I'm not going to vote for PM May's Brexit deal in the parliament vote.
   •  The standard approach should be to wait until the last minute for a deal.
   •  Negotiations will get to a point where there will need to be a reset.
   •  The free trade deal is possible off the shelf.

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.

Feed news Join Telegram

Recommended content


Recommended content

Editors’ Picks

AUD/USD drops towards 7000 amid resurgent USD demand

AUD/USD drops towards 7000 amid resurgent USD demand

AUD/USD is easing back towards 0.7000,  fading the rebound led by China's central bank LPR rate cut. A US dollar rebound, despite improving mood, weighs heavily on the aussie. The pair ignores the uptick in the S&P 500 futures. 

AUD/USD News

EUR/USD retreats from seven-week-old resistance below 1.0600

EUR/USD retreats from seven-week-old resistance below 1.0600

EUR/USD eases from a two-week high as a short-term key hurdle defends sellers around 1.0580 during Friday’s Asian session. The major currency pair rallied the most since early March the previous day while refreshing the fortnight high.

EUR/USD News

Gold remains stuck within sideways channel

Gold remains stuck within sideways channel

The gold price has been trading between support and resistance on the daily chart. XAU/USD is trading lower, having fallen from a high of $1,844.69 to a low of $1,837.73. The yellow metal is trading near a one-week high made in the prior session.

Gold News

Ethereum will sweep the lows at $1,500

Ethereum will sweep the lows at $1,500

Ethereum price displays reasons to believe in a ‘sweep the lows’ event in the coming days. Traders should approach the smart contract blockchain with caution. Invalidation of the bearish trend is a breach of $2,800.

Read more

Tesla regains $700 despite cut from S&P 500 ESG Index

Tesla regains $700 despite cut from S&P 500 ESG Index

Tesla's stock slips as it is kicked out of the S&P 500 ESG index. Elon Musk reacts aggressively, calling it a scam. Growth fears dominated and weighed on the overall market mood, leading to a negative close on major Wall Street indices. 

Read more

Forex MAJORS

Cryptocurrencies

Signatures