EU commissioner Pierre Moscovici speaks to Bloomberg TV - 25 January 2018
- The door for the UK is still open
- Need to watch out for economic consequences of US tax reform
- Need to see whether or not US tax reform is protectionist
- Waiting for a response from the US on tax questions
- Currency must not be used for competitive advantage
The same "door is open" comment by the EU being recycled yet again. Nothing new here. EUR/USD extends gains on the day up to a high of 1.2471 and recovers some ground against the pound as well with EUR/GBP now at 0.8752.
Hmm, wonder who is he talking about when he made the currency comment. Such a tough one. Any guesses?