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EU’s von der Leyen: Brexit transition may not be possible by the end of next year

The Brexit transition may not be possible by the end of next year, said the President of the European Commission Ursula von der Leyen, in an interview with Les Echos on Friday.

Earlier this month, she warned that a cliff-edge Brexit will harm the UK more than it would the EU.

Her comments come amid the latest reports that the EU is prepared to take tough measures to push Britain towards its rules, concerning trade.

  • GBP/USD: Fears of EU barriers trouble buyers amid year-end choppy session

AUD/USD: Renewed downside pressure during 2020 – Rabobank

Jane Foley, head of FX strategy at Rabobank, suggests that given its geographical position and its trade links, the AUD is often traded as a proxy for
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FX option expiries for Dec 27 NY cut

FX option expiries for Dec 27 NY cut at 10:00 Eastern Time, via DTCC, can be found below. - EUR/USD: EUR amounts 1.1200 981m - USD/JPY: USD amounts 10
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