US credit ratings agency out with a note on last week's draft treaty 26 March
- current draft agreement reduces risk of a cliff-edge Brexit in March next year
- greater clarity on post-Brexit transition arrangements is credit positive for a broad range of UK issues
Ah yes, but nothing is agreed until everything agreed but hey, let's not let the truth get in the way of a good story. Moody's still rightly expressing caution too.
Talks continue today on the key Irish border issue as I reported earlier.
GBPUSD suitably impressed and posts fresh session highs of 1.4235. EURGBP down to 0.8720. GBPJPY a tad higher at 149.58 but USDJPY still facing sell interest between 105.20-30.
