UK’s Gove: EU needs to move too for Brexit deal

Dhwani Mehta FXStreet

The European Union (EU) must be flexible too if both sides want to reach a Brexit deal, the British Cabinet Minister said on Tuesday, as cited by Reuters.

Key quotes

“I hope that we will be able to secure a good deal with the European Union.”

“The European Union needs to move as well and it needs to acknowledge that we voted to take back control and that’s the most important thing.”

These comments come as the EU’s Chief Negotiator Michel Barnier is locked in intensive online negotiations with his UK counterpart David Frost, as differences over future access to Britain’s fishing waters and common standards, including state aid rules, still persist.

GBP/USD consolidates within pennant above 1.3350 as sterling awaits Brexit updates

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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