UK PM Johnson to send Chief Brexit adviser David Frost to Brussels on Wednesday – The Telegraph
Following the news that the UK Prime Minister (PM) Boris Johnson’s claim that the members of the Parliaments (MPs) cannot block a no-deal exit and refusal to rule out proroguing the parliament for a no-deal Brexit, The telegraph came out with a report that PM Johnson is will send his chief Brexit adviser to Brussels on Wednesday, as he said EU leaders “want this thing done”.
The report cited increased pace of Brexit talks between the EU and British officials ever since the UK PM visited the EU.
FX implications
Despite witnessing a lack of market response to the news, mainly due to the Asian traders’ concentration on the trade war, the developments can be seen as price positive for the British Pound (GBP).
Author
Anil Panchal
FXStreet
Anil Panchal has nearly 15 years of experience in tracking financial markets. With a keen interest in macroeconomics, Anil aptly tracks global news/updates and stays well-informed about the global financial moves and their implications.
