Brexit: Boris Johnson will not negotiate an extension with Brussles, only a deal

  • According to reports, Dominic Raab is saying that Johnson will only go to Brussels to negotiate a deal. 
  • Johnson will make his second push for an election.

Representing the government, Foreign Secretary Dominic Raab said Boris Johnson is still attempting to achieve a deal with the European Union. "This prime minister, this government, wants a deal," Raab said. "And I believe it would be much better than no-deal."

Currently, MPs have moved onto a debate about Northern Ireland, after which Johnson will make his second push for an election.

FX implications: 

GBP/USD is up 0.47% on the day so far and is set to continue higher should there be a Brexit delay and UK data continues to improve. 

 

 

Forex Today: waiting for the UK Parliament and the ECB

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