European Commission President Jean-Claude Juncker said he believed the Brexit deal could be reached before the deadline.
"I think we can reach an agreement," Juncker said in an interview with Sky News. "I did everything I could to make the deal happen because I didn't like the idea of No because I think it will have very big consequences for at least a year."
 |
| GBP/USD |
The pound increased as a result of the comment. GBP/USD rose 0.3% to 1.2550 at 11:37 ET (03:37 GMT).
New Prime Minister Boris Johnson had previously said he would give a Brexit deadline even if he failed to reach an agreement.
Meanwhile, the Bank of England (BOE) keeps interest rates unchanged on Thursday.
"It is possible that political events will lead to a period of later uncertainty that is rooted in the nature and transition of British trade relations with the European Union at a later date," said the bank central to the press release.
"The longer uncertainty persists, especially in a weaker global growth environment, the greater the likelihood of increasing demand remaining below the potential, increasing oversupply."
The U.S. dollar index moved to just 97.835. This week, the Fed cut interest rates for a second time for the year as planned.
Fed Chairman Jerome Powell described the U.S. prospect of "profitability" and the interest rate acted as a "guarantee."
AUD/USD advanced 0.1% to 0.6794, but the NZD/USD weakened 0.2% to 0.6289.
USD/JPY fell 0.1% to 107.90.
The USD/CNY pair slipped 0.1% to 7.0866.
Keyword :
Tag :
berita
0 Komentar untuk "European Commission President's Brexit hopes will boost pound"