NewsBreak: No Brexit Deal Today – Reports

NewsBreak: No Brexit Deal Today – Reports

Oct 16, 2019

The U.K. and EU will not announce a deal on Brexit Wednesday, according to several published reports. But a deal could still be announced later in the week as it was unclear at what juncture negotiations were at.

  • GBP/USD, which had been bouncing around on headlines throughout the trading day, retreated after the reports, but was still up 0.3% at $1.2827.

  • ITV (LON:ITV) political editor Robert Peston tweeted that there was “now no chance of Brexit deal tonight. Not at all sure about what that means for what can be agreed by EU leaders on Thursday and Friday.”
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