Commenting on the rising Brexit optimism following Thursday's talks between Irish Prime Minister Leo Varadkar and his British counterpart, Boris Johnson, "today is an injection of some much-needed optimism but mark my words, we are not there yet," said Irish Foreign Minister Simon Coveney, per Reuters.
"The positivity has to translate to negotiation in Brussels, into detail," Coveney added and noted that they still need to find a way forward on areas of consent and customs.
These comments don't seem to be having a negative impact on the British Pound. As of writing, the GBP/USD pair was up 1.9% at 1.2438 and was on track to post its largest daily percentage gain in more than seven months.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.