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Northern Irish Democratic Unionist Party (DUP) Deputy Leader Dodd is on the wires now, via Reuters, welcoming the UK PM Johnson’s new Brexit proposal.

Key Quotes:

PM Johnson’s proposal removes the trap of the backstop.

Give N. Ireland the safeguard of consent.

  • UK’s  Barclay: Need EU to respond in constructive way

Despite the upbeat remarks, the pound fails to react, leaving GBP/USD depressed below the 1.23 handle.