Chief EU Negotiator Michel Barnier has reportedly asked eight of the bloc’s coastal states to give some ground on fish quotas and phasing periods. Tony Connelly of Ireland’s RTE is reporting from Brussels. That would potentially pave a path for asking the UK for similar movements on the sensitive topic.
Fisheries remain the last significant point in Brexit negotiations.
GBP/USD has been extending its recovery, trading closer to 1.3550.