German government spokesman: Germany does not have a new position on Brexit

Eren Sengezer FXStreet

A spokesman for the German government on Wednesday declined to comment on Tuesday's phone call between British Prime Minister Boris Johnson and German Chancellor Angela Merkel but said that Germany's position on Brexit was not changed.

"The German government will strive for a solution on Brexit until the last minute," the spokesman added. "Britain has made its proposals last week, this was an important step, but we have made clear that improvements are still needed."

The British Pound largely ignored these comments and the GBP/USD pair was last seen trading at 1.2220, adding only 3 pips on a daily basis.

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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