Irish PM Varadkar: I think we should be afraid of a no-deal Brexit

Eren Sengezer FXStreet

Irish Prime Minister Leo Varadkar crossed the wires in the last minutes, reiterating that a no-deal Brexit would have a very serious impact in Ireland and the UK and could have security and constitutional implications. "I think we should be afraid of a no-deal Brexit," Varadkar said.

Meanwhile, the GBP/USD pair, which dropped below the 1.21 mark earlier in the day for the first time since January 2017, was last seen trading at 1.2110, losing 0.4% on the day as investors are assessing Bank of England Governor Carney's remarks on the policy outlook.

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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