UK's Gove: Deeply saddened by EU refusing to negotiate

Eren Sengezer FXStreet

Michael Gove, Conservative politician and the Cabinet Office Minister in charge of overseeing no-deal Brexit planning, crossed the wires in the last minutes, saying that they "deeply saddened" by the fact that the EU is refusing to open the Withdrawal Agreement to negotiation, per Reuters.

"We can negotiate a new deal," Dove added. "We remain ready and willing to negotiate."

Any headlines that point to odds of a no-deal Brexit increasing are seen as negative for the British pound. The GBP/USD pair, which touched a session high of 1.2208, was last seen trading at 1.2175.

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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