French Pres. Macron: Brexit was based on lies, exaggerations and cheques that will never come


"The 2016 Brexit campaign was based on lies, exaggerations and cheques that were promised but will never come," French President Emanuel Macron said on Friday.

"Brexit was possible because Europe was made out to be a scapegoat for our difficulties all too often," Macron added. "The EU must be reformed deeply. EU 27 countries will remain united, France will defend the interests of its fishing and agriculture industries."

Key quotes

"We want a close relationship with Britain post Brexit but Britain cannot be in an out of the EU at the same time."

"British people will no longer have the same rights in the EU."

"There is a long history between France and Britain, one made of blood, freedom, courage and battles, I will not forget that."

"French people will never forget how much they owe Britain."

"Will visit the UK soon to reinforce bilateral ties."

GBP reaction

The GBP/USD pair ignored these remarks and was last seen trading at 1.3195, adding 0.78% on a daily basis.

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.

Feed news

Latest Forex News


Latest Forex News

Editors’ Picks

GBP/USD holds above 1.30 as UK Q2 GDP falls 20.4%

GBP/USD is on the back foot, trading closer to 1.30 amid dollar strength. UK Q2 GDP fell by 20.4%, within expectations. The devastating drop was priced in by markets.

GBP/USD News

Gold completes $200 collapse, trades below $1,900

Gold remains under immense pressure, trading below $1,900 after the biggest rout in seven years. Profit-taking and higher US yields weigh on the precious metal. US inflation figures are eyed.

Gold News

EUR/USD pressured toward 1.17 amid higher US yields

EUR/USD is falling toward 1.17 as US bond yields rise amid the US fiscal impasse and ahead of US inflation figures. Coronavirus headlines and eurozone industrial output are also in play.

EUR/USD News

Forex Today: Gold sell-off extends, dollar reigns supreme amid fiscal impasse, ahead of data

US bond yields are on the rise, supporting the recovering dollar and contributing to a sell-off in precious metals. The lack of progress in US fiscal talks and the increase in America's coronavirus deaths are among the depressing factors. US CPI is eyed.

Read more

WTI: Big move looks overdue

WTI could soon witness a big move in either direction. That’s because, the spread between Bollinger bands – volatility indicators placed 2 standard deviations above and below the 20-day simple moving average of price - has narrowed ...

Oil News

Forex MAJORS

Cryptocurrencies

Signatures