The UK reaches historic Brexit separation deal

Discussion in 'CFDs' started by Larry, Dec 8, 2017.

  1. Larry

    Larry Administrator

    Report from FT revealed that “Britain reached a historic deal on its EU exit terms on Friday, enshrining special rights for 4m citizens and paying €40bn-€60bn in a hard-fought Brexit divorce settlement that clears the way for trade talks next year.

    Theresa May and Jean-Claude Juncker, the European Commission president, met early on Friday to sign off a 15-page “progress report” that will allow EU negotiators to recommend opening a second phase of talks on post-Brexit relations.

    Shortly after the breakfast started, Mr. Juncker’s chief of staff Martin Selmayr tweeted pictures of white smoke rising from a chimney stack, indicating the deal was done.”

    The GBP/USD pair responded to this headline as it slipped further away from 1.35 handle, now trading around 1.3475 levels

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