# Brexit Fears Return, And The Pound Struggles - Finimize

> UK assets are under pressure as trade talks with the EU, which resume on June 1, have made little progress before the June 30 deadline for requesting a transition extension. The Bank of England is considering negative interest rates to avert deflation, and goods trade could face tariffs if no deal is reached by year end.

- Date: 2020-05-26 · published 2020-05-26T12:00:00.000Z
- Category: macro · region UK · magnitude low
- Page: https://feedsoft.ai/events/53386-brexit-fears-return-and-the-pound-struggles-finimize
- Commodities: [British Pound (USD per GBP)](https://feedsoft.ai/c/GBPUSD.md)

## Why it matters

Brexit uncertainty and possible negative rates keep sterling under pressure, while a no-deal outcome could raise tariffs on UK-EU food and feed trade.

## Read by commodity

- GBPUSD: bearish ▼

## Sources

- finimize.com: https://finimize.com/content/brexit-fears-return-and-the-pound-struggles

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.