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Analysts at Danske Bank point out that yesterday, the UK’s Boris Johnson spoke on the conservative party congress, which proved to be a non-event for markets.

Key Quotes

“Tail risks related to a potential leadership challenge within the Conservative Party can probably be priced out now, leaving upside risks to EUR/GBP less dominating near term.”

“Today, PM Theresa May will speak as the conference ends. Expect GBP to remain volatile and sensitive to Brexit-related news.”