French Pres. Macron: An extension should not be granted if Brexit is not approved by UK

Eren Sengezer FXStreet

French President Emanuel Macron on Friday said that he wants the Brexit deadline of October 31st to hold and reiterated that an extension should not be granted if the UK parliament does not approve the Brexit deal on Saturday.

"Boris Johnson is sometimes pittoresque, but he has shown strategic thinking in Brexit negotiations," Macron added, per Reuters.

The GBP/USD pair seems to have inched lower on these comments. As of writing, the pair was down 0.09% on the day at 1.2874.

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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