DUP's Foster reiterates "we cannot support May's deal"

Comments by DUP head Arlene Foster to Bloomberg

  • Says that the backstop must go
  • Says that the problem is the political declarations are not binding
  • Theresa May is not going to get this deal through parliament
  • Says that it is offensive to say that DUP is bluffing on being against May

She's still singing the same old song and market participants are still feeling iffy about May's chances as a result. At the end of the day, they may very well cave in but for now, let her take to the parade route to show off her authority.

GBP/USD holds weak still at 1.2757, although off the lows. EUR/GBP remains near the highs at 0.8871.

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