BOE dep gov chipping in to the TSC session

  • would be a "very big negotiating ask" for the UK to retain same influence over EU banking rules if it left the EU
  • unlikely that UK could remain in single market and keep influence over EU rules


  • there is no question there would be a loss of business in London if UK left EU
  • a number of major institutions are making contingency plans to move away from London in case of Brexit

US$ finding a bit of support as intra-day traders run out of patience with USD shorts.

EURUSD 1.1016 GBPUSD 1.4217 USDJPY 112.90 USDCHF 0.9932