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7 Dec 2020

UK PM Johnson: Conditions for finalising an agreement are not there

In a joint statement with European Commission President Ursula von der Leyen, British Prime Minister Boris Johnson noted that sides agreed that the conditions for finalising an agreement.

The statement further reiterated that level playing field, governance and fisheries are the three main areas where significant differences remain. Negotiating teams are expected to meet in Brussels in the coming days to discuss those issues.

Market reaction

The GBP/USD pair edged slightly higher on this statement and was last seen losing 0.67% on the day at 1.3347.

Dec 7, 2020

Ireland's Coveney: EU mood starting to shift towards no-deal planning

Ireland’s Foreign Minister Simon Coveney said on Monday that there has been no progress in Brexit talks in the last two days and added that new proble
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Dec 7, 2020

USD/CAD bottoms, 1.2800 in tact, for now, focus is on 1.2850/1.2928

A couple of milestones have been reached for financial and commodity markets as well as the loonie. USD/CAD has been the product of a risk-on environm
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