UK foreign minister Boris Johnson being quizzed by lawmakers 13 Oct
- those who prophesised doom before Brexit vote have been proved wrong and will continue to be proved wrong
- it's a fiction that free movement of people is written in stone in EU rules
Nothing's prove yet Boris and that last comment will provoke some response from your new best friends in the EU.
- the term "single market" is increasingly useless
- any attempt to punish UK fin sector won't make economic sense for EU
- there are many countries that sell into the EU's single market and that is what the UK will do
Not a Brexit testimony per se but we might get more snippets from Boris so be aware it's currently taking place.
GBPUSD 1.2160 finding a little support from EURGBP selling as EURUSD falls below 1.1000 for first time since July.
Ryan coming up with more on that.
DXY up to 7-month highs of 98.13 on the general USD demand.
Boris flying the flag for UK. Be afraid. Be very afraid.
