16 December 2020 - Is a deal becoming inevitable no matter what?
"A word that has disappeared from Brexit talks since Johnson took over from May is fudge. The forthright approach used by Johnson during a year of sometimes intense negotiation persuaded commentators that he was prepared to simply walk away. However, over the past few weeks the deal has become everyone’s focus on both teams as they have allowed several deadlines to come and go. It has taken an inordinate time for the penny to drop with both sides. The rhetoric and sabre rattling have been replaced by a more considered approach. However, as time runs out it is becoming more and more probable that an agreement, if one is reached, will prove to be unattractive to both sides leaving the entire divorce process in a mess and adding to the level of uncertainty that already exists. Officially, and according to the UK Prime Minister’s Office, no deal remains the most likely outcome, but acceptance of such comments is becoming thinner and thinner. " 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.