Reporting live from Irish Prime Minister Leo Varadkar's press conference, Irish Examiner Political Correspondent Elaine Loughlin said that following his meeting with British Prime Minister Boris Johnson, Varadkar believed that it was now possible to come to an agreement before the end of October.
"It remains our position that there can’t be a hard border between North and South," Varadkar added, according to Loughlin.
The GBP/USD pair extended its rally on these comments and was last up 1.45% on the day at 1.3282. Below are some additional quotes, via Reuters.
"Had a good discussion about how the relationship might look after Brexit."
"What happened today would be sufficient to allow negotiations to resume in Brussels."
"All sides would like an agreement next week."
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.