Germany’s Merkel: We want to reduce negative impact of Brexit if it is disorderly

Dhwani Mehta FXStreet

Speaking at an event on Thursday, the German Chancellor Angela Merkel said she wants to ensure that in case of a no-deal Brexit, its negative on both the UK and Germany are minimized.

Merkel noted: “We want to reduce the negative effects, even if there is a disorderly Brexit, in both countries.”

The above comments have little to no effect on the pound, as it cheers the latest Brexit optimism, with GBP/USD up +0.60% near 1.2275.

GBP/USD jumps as Johnson and Varadkar see pathway for a Brexit deal

Author

Dhwani Mehta

FXStreet

Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

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