The European Union Commissioner for Agriculture and Rural Development, Phil Hogan, crossed the wires in the last minutes saying that the recent events in London give them a cause for optimism.
“Recent events in the UK parliament have improved the likelihood of a further Brexit extension,” Hogan added. “There are still clear pathways to finding a sensible outcome to this unfortunate situation. The EU solidarity with Ireland remains absolute.”
The British pound seems to be gathering strength on these comments. As of writing, the GBP/USD pair was up 1% on the day at 1.2460.
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