British Prime Minister Theresa May asked the European Union to delay Britain’s departure until June 30, while the bloc itself suggested that it might be best to postpone the split for up to a year.
“As far as most currency traders are concerned the chances of a no-deal remain remote — but at the same time a satisfactory outcome anytime soon also seems highly unlikely,” said XTB analyst David Cheetham. Wall Street stocks climbed after the Labor Department reported that the US added 196,000 net new positions last month, well above expectations, while the jobless rate held steady at 3.8 percent.
With top negotiators from the world’s top two economies huddled down in Washington for three days of talks, there has been a growing sense they are close to an agreement to end a stand-off that battered global equities last year.“I don’t want to predict a deal or not a deal, but we’re very well along,” the US president said Friday. “We have really negotiated probably the two hardest points.”
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