Comments by Irish foreign minister, Simon Coveney

  • There is still a wide gap between both sides on Brexit
  • There are serious problems due to change of approach by Boris Johnson
  • We still want to get a deal and avoid a no-deal outcome
  • There is a lot of commentary on Brexit and "some of it is spin"
  • Says that we need a dose of reality

Coveney is continuing to push the narrative that there is still a divide between the UK and EU on reaching a Brexit deal. This is tempering with the pound optimism a little with cable easing to 1.2558 currently from 1.2570 levels earlier in the session.

We'll have to see how things shape up next once they get to go through Boris Johnson's "ideas" for backstop alternatives that were submitted yesterday.