Comments by Irish prime minister Leo Varadkar
- Hopes that Brexit talks are in final few weeks
- Trying to achieve guarantee of no hard border
- Hopes that backstop won't need to be used
- Backstop is seen only as an insurance
- Possible to come to agreement on Brexit in November
- With view to having summit in December
- November summit less likely with every passing day
Varadkar putting a more positive spin on things but once again, offering little detail. But the stance that they are willing to consider a review clause is welcome words for the pound without a doubt.
Cable is trading to session highs of 1.3159 now as the dollar continues to weaken. EUR/GBP still seen flat at 0.8725. GBP/JPY is higher on the day at 148.80 currently.
