UK: Reports point to positive developments in latest Brexit talks

Jessica Elgot, the chief political correspondent for The Guardian, in the last hour tweeted out that today's Brexit talks between the opposition Labour party and the government were "more positive than expected."

 "Tone markedly different and seems now clear grounds to continue talking. But def not a breakthrough yet," Elgot added. Similarly, HuffPost's executive editor, Paul Waugh said that the meeting today on Brexit was warmer. "Tone was better and now there is at least grounds for continuing talks."

There seems to be a GBP-positive reaction to these headlines with the GBP/USD turning positive on the day near 1.2940.

USD/CAD bearish correction holds above key 61.8% Fibo, but WTI also supported

The Loonie is correlated to the oil market given Canada's economic dependency of the market where the exportation of crude oil itself represents 10% o
Đọc thêm Previous

GBP/USD remains steady between 1.2900 and 1.2950, for how long?

The GBP/USD has been moving in the range 1.2900 and 1.2950 since Friday’s American session. Cable consolidates after making a modest bounce from the m
Đọc thêm Next