UK's Sunak: Very confident about UK's economic prospects even if no deal

Eren Sengezer FXStreet

Commenting on the latest UK-EU trade talks, "with a spirit of constructive attitude and goodwill on all sides, we can get there," British finance minister Rish Sunak told Times Radio on Wednesday, as reported by Reuters.

"Hopefully we can reach a positive conclusion," Sunak added and said that he is very confident about the UK's economic prospects even if they fail to reach an agreement with the EU by the end of this year.

Market reaction

The GBP/USD pair largely ignored these comments and was last seen losing 0.53% on the day at 1.3345.

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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