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MarketScreener Homepage  >  Currencies  >  Euro / British Pound (EUR/GBP)    EURGBP   

EURO / BRITISH POUND (EUR/GBP)

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ING says Brexit deal will be done but no deal risk uncomfortably high

10/20/2020 | 09:03am EST

LONDON (Reuters) - Dutch bank ING said on Tuesday that it thought there would be a Brexit trade deal but that time was ticking and the risk of a no deal was uncomfortably high.

"Our house view is that there will be a deal agreed, but time is running out and both sides realistically have until the middle of November," ING said in a note to clients.

"That means there is still time for things to go wrong, and the risk of there being no deal, or only a wafer-thin agreement, are uncomfortably high," it said.

(Reporting by Guy Faulconbridge; editing by Michael Holden)


© Reuters 2020
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