Ireland’s McGrath: Outlook for Brexit deal `a little brighter'
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The Irish Minister for Public Expenditure and Reform, Michael McGrath, echoed Foreign Minister Simon Coveney’s optimism on a potential Brexit deal.
Key comments
“Outlook for a Brexit deal a little brighter.”
“The European Union (EU) and the UK can reach agreement on fisheries.”
In the last hour, Coveney said that the two sides could reach a trade deal now the talks were back on track.
GBP/USD reaction
GBP/USD fails to benefit from the renewed Brexit optimism and broad US dollar declines, as it wipes out intraday gains to trade flat at 1.3080.
Rising coronavirus cases and a worse-than-expected UK Markit Preliminary Services PMI seem to have hurt the pound bulls.
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