Germany's Merkel: I would welcome a negotiated Brexit deal

Eren Sengezer FXStreet

Speaking to reporters ahead of her meeting with British Prime Minister Boris Johnson, "I would welcome a negotiated Brexit deal," German Chancellor Angela Merkel said but added that they are ready for all scenarios.

"We need to be able to deal with the possibility that Britain could be outside the EU from one day to other," Merkel said. "Our goal is to continue having tight relations with Britain after Brexit. European offer stands to negotiate a trade deal after Brexit."

The impact of these remarks on the British pound was limited with the GBP/USD pair trading at 1.2145, losing 0.2% on the day.

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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