Ireland’s Minister for Reform and Public Expenditure, Michael McGrath, echoed the optimism expressed by Foreign Minister Simon Coveney about a possible Brexit deal. McGrath stated that “The prospects for a Brexit deal are a little brighter.”
The Irish official said that the European Union (EU) and the United Kingdom can reach an agreement on fishing.
In the last hour, Coveney said the two sides could reach a trade deal now that talks were back on track.
GBP / USD reaction
Despite these comments that reflect more optimism, the pound is not being favored in the market. EUR / GBP rises above 0.9060 while GBP / USD is in neutral ground for the day at 1.3070, unable to benefit from the weakness of the dollar.
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Credits: Forex Street
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