{"id":96688,"date":"2020-02-27T04:05:11","date_gmt":"2020-02-27T09:05:11","guid":{"rendered":"https:\/\/currencylive.com\/news\/?p=96688"},"modified":"2020-02-28T09:05:34","modified_gmt":"2020-02-28T14:05:34","slug":"102517-gbp-eur-uk-brexit-trade-negotiations-mandate-to-be-released-today","status":"publish","type":"post","link":"https:\/\/currencylive.com\/news\/102517-gbp-eur-uk-brexit-trade-negotiations-mandate-to-be-released-today\/","title":{"rendered":"GBP\/EUR: UK Brexit Trade Negotiations Mandate To Be Released Today"},"content":{"rendered":"

The pound<\/a> was unable to hold onto gains from earlier in the week and tumbled lower versus the euro<\/a> on Wednesday. The pound to euro<\/a> exchange rate dropped to a 2-week low of \u20ac1.1845, before closing the session just a few points higher. As post Brexit trade deal nerves dominate any gains in the pound will be capped.<\/p>\n

GBP\/EUR: Pound Investors Uncertain Of Deal Being Reached<\/h2>\n

Boris Johnson is due to publish Britain\u2019s goals for trade talks with the EU today. Boris Johnson\u2019s mandate is expected to insist that Britain should enjoy complete control over its own rules in areas such as state aid, environment and labour laws. This is unlikely to sit well with the EU who said in their own mandate that a level playing field on which both sides will do business was a pre-requisite. In a sign of difficult times ahead, the UK\u2019s chief negotiator has said that signing up to follow EU standards would defeat the point of Brexit<\/p>\n

EU officials consider that Boris Johnson is going against the political declaration agreed by Theresa May to create a \u201crobust\u201d and \u201cmutually agreed regime to ensure \u201cfair and open competition\u201d. Downing Street responded by saying these were merely aspirations.<\/p>\n

The recent exchanges between the two sides is giving a clear indication as to how complex and challenging these trade talks will be. Pound traders are growing more doubtful that the two sides will reach an agreement, which is dragging the pound lower.<\/p>\n

Coronavirus Headlines Keep Euro Mood Cautious<\/h2>\n

The absence of any high impacting eurozone data kept euro investors focused on sentiment stemming from coronavirus headlines on Wednesday. The euro moved modestly higher in the previous session as panic eased. Even so concerns over the possible economic impact of coronavirus kept investors in a cautious mood.<\/p>\n

The eurozone economy was already showing signs of slowing prior to the coronavirus outbreak. Euro investors are growing increasingly aware that economic growth in the region could falter further owing to the trade disruption from covid-19 outbreak.<\/p>\n

With no high impacting eurozone data due for release today, investors will continue to watch coronavirus headlines closely.<\/p>\n

 <\/p>\n

 <\/p>\n

\n

Currencylive.com<\/em> is a news site only and not a currency trading platform.<\/em><\/h6>\n
Currencylive.com is a site operated by TransferWise Inc. (“We”, “Us”), a Delaware Corporation. We do not guarantee that the website will operate in an uninterrupted or error-free manner or is free of viruses or other harmful components. The content on our site is provided for general information only and is not intended as an exhaustive treatment of its subject. We expressly disclaim any contractual or fiduciary relationship with you on the basis of the content of our site, any you may not rely thereon for any purpose. You should consult with qualified professionals or specialists before taking, or refraining from, any action on the basis of the content on our site. Although we make reasonable efforts to update the information on our site, we make no representations, warranties or guarantees, whether express or implied, that the content on our site is accurate, complete or up to date, and DISCLAIM ANY IMPLIED WARRANTIES OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE. Some of the content posted on this site has been commissioned by Us, but is the work of independent contractors. These contractors are not employees, workers, agents or partners of TransferWise and they do not hold themselves out as one. The information and content posted by these independent contractors have not been verified or approved by Us. The views expressed by these independent contractors on currencylive.com do not represent our views.<\/em><\/h6>\n","protected":false},"excerpt":{"rendered":"

The pound was unable to hold onto gains from earlier in the week and tumbled lower versus the euro on Wednesday. The pound to euro exchange rate dropped to a 2-week low of \u20ac1.1845, before closing the session just a few points higher. As post Brexit trade deal nerves dominate any gains in the pound […]<\/p>\n","protected":false},"author":163946597,"featured_media":5368,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1380,1379],"tags":[1396,1386,2139,1395,1393,1394,2410,2418,1391,1392],"class_list":{"0":"post-96688","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-eur","8":"category-gbp","9":"tag-boris-johnson","10":"tag-brexit","11":"tag-coronavirus","12":"tag-eur","13":"tag-euro","14":"tag-gbp","15":"tag-gbp-eur","16":"tag-level-playing-field","17":"tag-pound","18":"tag-sterling"},"acf":[],"yoast_head":"\nGBP\/EUR: UK Brexit Trade Negotiations Mandate To Be Released Today - Currency Live<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/currencylive.com\/news\/102517-gbp-eur-uk-brexit-trade-negotiations-mandate-to-be-released-today\/\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Fiona Cincotta\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/102517-gbp-eur-uk-brexit-trade-negotiations-mandate-to-be-released-today\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/102517-gbp-eur-uk-brexit-trade-negotiations-mandate-to-be-released-today\\\/\"},\"author\":{\"name\":\"Fiona Cincotta\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#\\\/schema\\\/person\\\/8ef0fafb6c93f1204150bb907b42cfec\"},\"headline\":\"GBP\\\/EUR: UK Brexit Trade Negotiations Mandate To Be Released Today\",\"datePublished\":\"2020-02-27T09:05:11+00:00\",\"dateModified\":\"2020-02-28T14:05:34+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/102517-gbp-eur-uk-brexit-trade-negotiations-mandate-to-be-released-today\\\/\"},\"wordCount\":617,\"image\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/102517-gbp-eur-uk-brexit-trade-negotiations-mandate-to-be-released-today\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/currencylive.com\\\/news\\\/wp-content\\\/uploads\\\/2019\\\/08\\\/100908-gbp-eur-drops-economic-fears.jpg\",\"keywords\":[\"boris johnson\",\"Brexit\",\"coronavirus\",\"eur\",\"euro\",\"gbp\",\"gbp\\\/eur\",\"level playing field\",\"pound\",\"sterling\"],\"articleSection\":[\"EUR\",\"GBP\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2020\",\"copyrightHolder\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/102517-gbp-eur-uk-brexit-trade-negotiations-mandate-to-be-released-today\\\/\",\"url\":\"https:\\\/\\\/currencylive.com\\\/news\\\/102517-gbp-eur-uk-brexit-trade-negotiations-mandate-to-be-released-today\\\/\",\"name\":\"GBP\\\/EUR: UK Brexit Trade Negotiations Mandate To Be Released Today - Currency Live\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/102517-gbp-eur-uk-brexit-trade-negotiations-mandate-to-be-released-today\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/102517-gbp-eur-uk-brexit-trade-negotiations-mandate-to-be-released-today\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/currencylive.com\\\/news\\\/wp-content\\\/uploads\\\/2019\\\/08\\\/100908-gbp-eur-drops-economic-fears.jpg\",\"datePublished\":\"2020-02-27T09:05:11+00:00\",\"dateModified\":\"2020-02-28T14:05:34+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#\\\/schema\\\/person\\\/8ef0fafb6c93f1204150bb907b42cfec\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/102517-gbp-eur-uk-brexit-trade-negotiations-mandate-to-be-released-today\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/currencylive.com\\\/news\\\/102517-gbp-eur-uk-brexit-trade-negotiations-mandate-to-be-released-today\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/102517-gbp-eur-uk-brexit-trade-negotiations-mandate-to-be-released-today\\\/#primaryimage\",\"url\":\"https:\\\/\\\/currencylive.com\\\/news\\\/wp-content\\\/uploads\\\/2019\\\/08\\\/100908-gbp-eur-drops-economic-fears.jpg\",\"contentUrl\":\"https:\\\/\\\/currencylive.com\\\/news\\\/wp-content\\\/uploads\\\/2019\\\/08\\\/100908-gbp-eur-drops-economic-fears.jpg\",\"width\":1188,\"height\":669,\"caption\":\"GBP\\\/EUR: Euro Drops On Economic Slowdown Fears\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/102517-gbp-eur-uk-brexit-trade-negotiations-mandate-to-be-released-today\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/currencylive.com\\\/news\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"GBP\\\/EUR: UK Brexit Trade Negotiations Mandate To Be Released Today\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#website\",\"url\":\"https:\\\/\\\/currencylive.com\\\/news\\\/\",\"name\":\"Currency Live\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/currencylive.com\\\/news\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#\\\/schema\\\/person\\\/8ef0fafb6c93f1204150bb907b42cfec\",\"name\":\"Fiona Cincotta\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/79afd1dde0d7ad291707268bbcdb9fdb41b2dd29f8088c8cfe9c67cd2a1de0e4?s=96&d=blank&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/79afd1dde0d7ad291707268bbcdb9fdb41b2dd29f8088c8cfe9c67cd2a1de0e4?s=96&d=blank&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/79afd1dde0d7ad291707268bbcdb9fdb41b2dd29f8088c8cfe9c67cd2a1de0e4?s=96&d=blank&r=g\",\"caption\":\"Fiona Cincotta\"},\"description\":\"Editor - Senior Financial Market Analyst Through over a decade\u2019s experience analysing and reporting on global currency markets, Fiona has a gained a deep understanding of the fundamental drivers of currencies. She is regularly quoted by international news organisations including Financial Times, Reuters and Bloomberg. Fiona is a familiar face after years of appearances on BBC, Sky News and Fox Business News.\",\"sameAs\":[\"https:\\\/\\\/www.linkedin.com\\\/in\\\/fiona-cincotta-bb4a4845\\\/\"],\"url\":\"https:\\\/\\\/currencylive.com\\\/news\\\/author\\\/fiona-cincotta\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"GBP\/EUR: UK Brexit Trade Negotiations Mandate To Be Released Today - Currency Live","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/currencylive.com\/news\/102517-gbp-eur-uk-brexit-trade-negotiations-mandate-to-be-released-today\/","twitter_misc":{"Written by":"Fiona Cincotta","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/currencylive.com\/news\/102517-gbp-eur-uk-brexit-trade-negotiations-mandate-to-be-released-today\/#article","isPartOf":{"@id":"https:\/\/currencylive.com\/news\/102517-gbp-eur-uk-brexit-trade-negotiations-mandate-to-be-released-today\/"},"author":{"name":"Fiona Cincotta","@id":"https:\/\/currencylive.com\/news\/#\/schema\/person\/8ef0fafb6c93f1204150bb907b42cfec"},"headline":"GBP\/EUR: UK Brexit Trade Negotiations Mandate To Be Released Today","datePublished":"2020-02-27T09:05:11+00:00","dateModified":"2020-02-28T14:05:34+00:00","mainEntityOfPage":{"@id":"https:\/\/currencylive.com\/news\/102517-gbp-eur-uk-brexit-trade-negotiations-mandate-to-be-released-today\/"},"wordCount":617,"image":{"@id":"https:\/\/currencylive.com\/news\/102517-gbp-eur-uk-brexit-trade-negotiations-mandate-to-be-released-today\/#primaryimage"},"thumbnailUrl":"https:\/\/currencylive.com\/news\/wp-content\/uploads\/2019\/08\/100908-gbp-eur-drops-economic-fears.jpg","keywords":["boris johnson","Brexit","coronavirus","eur","euro","gbp","gbp\/eur","level playing field","pound","sterling"],"articleSection":["EUR","GBP"],"inLanguage":"en-US","copyrightYear":"2020","copyrightHolder":{"@id":"https:\/\/currencylive.com\/news\/#organization"}},{"@type":"WebPage","@id":"https:\/\/currencylive.com\/news\/102517-gbp-eur-uk-brexit-trade-negotiations-mandate-to-be-released-today\/","url":"https:\/\/currencylive.com\/news\/102517-gbp-eur-uk-brexit-trade-negotiations-mandate-to-be-released-today\/","name":"GBP\/EUR: UK Brexit Trade Negotiations Mandate To Be Released Today - Currency Live","isPartOf":{"@id":"https:\/\/currencylive.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/currencylive.com\/news\/102517-gbp-eur-uk-brexit-trade-negotiations-mandate-to-be-released-today\/#primaryimage"},"image":{"@id":"https:\/\/currencylive.com\/news\/102517-gbp-eur-uk-brexit-trade-negotiations-mandate-to-be-released-today\/#primaryimage"},"thumbnailUrl":"https:\/\/currencylive.com\/news\/wp-content\/uploads\/2019\/08\/100908-gbp-eur-drops-economic-fears.jpg","datePublished":"2020-02-27T09:05:11+00:00","dateModified":"2020-02-28T14:05:34+00:00","author":{"@id":"https:\/\/currencylive.com\/news\/#\/schema\/person\/8ef0fafb6c93f1204150bb907b42cfec"},"breadcrumb":{"@id":"https:\/\/currencylive.com\/news\/102517-gbp-eur-uk-brexit-trade-negotiations-mandate-to-be-released-today\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/currencylive.com\/news\/102517-gbp-eur-uk-brexit-trade-negotiations-mandate-to-be-released-today\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/currencylive.com\/news\/102517-gbp-eur-uk-brexit-trade-negotiations-mandate-to-be-released-today\/#primaryimage","url":"https:\/\/currencylive.com\/news\/wp-content\/uploads\/2019\/08\/100908-gbp-eur-drops-economic-fears.jpg","contentUrl":"https:\/\/currencylive.com\/news\/wp-content\/uploads\/2019\/08\/100908-gbp-eur-drops-economic-fears.jpg","width":1188,"height":669,"caption":"GBP\/EUR: Euro Drops On Economic Slowdown Fears"},{"@type":"BreadcrumbList","@id":"https:\/\/currencylive.com\/news\/102517-gbp-eur-uk-brexit-trade-negotiations-mandate-to-be-released-today\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/currencylive.com\/news\/"},{"@type":"ListItem","position":2,"name":"GBP\/EUR: UK Brexit Trade Negotiations Mandate To Be Released Today"}]},{"@type":"WebSite","@id":"https:\/\/currencylive.com\/news\/#website","url":"https:\/\/currencylive.com\/news\/","name":"Currency Live","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/currencylive.com\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/currencylive.com\/news\/#\/schema\/person\/8ef0fafb6c93f1204150bb907b42cfec","name":"Fiona Cincotta","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/79afd1dde0d7ad291707268bbcdb9fdb41b2dd29f8088c8cfe9c67cd2a1de0e4?s=96&d=blank&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/79afd1dde0d7ad291707268bbcdb9fdb41b2dd29f8088c8cfe9c67cd2a1de0e4?s=96&d=blank&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/79afd1dde0d7ad291707268bbcdb9fdb41b2dd29f8088c8cfe9c67cd2a1de0e4?s=96&d=blank&r=g","caption":"Fiona Cincotta"},"description":"Editor - Senior Financial Market Analyst Through over a decade\u2019s experience analysing and reporting on global currency markets, Fiona has a gained a deep understanding of the fundamental drivers of currencies. She is regularly quoted by international news organisations including Financial Times, Reuters and Bloomberg. Fiona is a familiar face after years of appearances on BBC, Sky News and Fox Business News.","sameAs":["https:\/\/www.linkedin.com\/in\/fiona-cincotta-bb4a4845\/"],"url":"https:\/\/currencylive.com\/news\/author\/fiona-cincotta\/"}]}},"jetpack_featured_media_url":"https:\/\/currencylive.com\/news\/wp-content\/uploads\/2019\/08\/100908-gbp-eur-drops-economic-fears.jpg","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/currencylive.com\/news\/wp-json\/wp\/v2\/posts\/96688","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/currencylive.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/currencylive.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/currencylive.com\/news\/wp-json\/wp\/v2\/users\/163946597"}],"replies":[{"embeddable":true,"href":"https:\/\/currencylive.com\/news\/wp-json\/wp\/v2\/comments?post=96688"}],"version-history":[{"count":4,"href":"https:\/\/currencylive.com\/news\/wp-json\/wp\/v2\/posts\/96688\/revisions"}],"predecessor-version":[{"id":96709,"href":"https:\/\/currencylive.com\/news\/wp-json\/wp\/v2\/posts\/96688\/revisions\/96709"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/currencylive.com\/news\/wp-json\/wp\/v2\/media\/5368"}],"wp:attachment":[{"href":"https:\/\/currencylive.com\/news\/wp-json\/wp\/v2\/media?parent=96688"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/currencylive.com\/news\/wp-json\/wp\/v2\/categories?post=96688"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/currencylive.com\/news\/wp-json\/wp\/v2\/tags?post=96688"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}