Beyond Currency

5 June 2020 - UK unlikely to ask for extension


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"Despite the pressure that businesses in the UK have faced over the Covid-19 pandemic, Prime Minister Boris Johnson told them yesterday to prepare for departure from the Single Market and Customs Union on December 31st.
With thousands of businesses of all sizes on the brink of collapse despite the Government’s packages of support, analysts had believed that the negotiations may be extended but with a 30th June deadline for the UK to request one, any hopes that that may happen are fading.
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Beyond Currency Market Commentary:
Aims to provide deep insights into the political and economic events worldwide that can cause currencies to change and how this can affect your FX Exposure.
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