Ireland's Coveney: Not aware that UK has tabled any formal proposals on backstop yet

Comments by Irish foreign minister Simon Coveney

  • Hopes to see UK proposals in the next week
  • Real progress on backstop needed
  • Brexit withdrawal agreement is 90% agreed
  • Brexit deal can be done, with some flexibility

Well, for certain the Reuters source cited here is definitely not Mr. Coveney then. Coveney is mainly reiterating the same points we have heard from EU officials over the past few weeks.

GBP/USD continues to hold near the highs at 1.2988 on the day. EUR/GBP sits near the lows at 0.8854. GBP/JPY holds near the highs as well at 148.51.

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