Ireland’s Coveney: Outstanding issues are proving very difficult

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Ireland’s foreign minister, Simon Coveney was out with some Brexit-related comments in the last hour, saying that Brexit talks are at a sensitive point and outstanding issues are proving very, very difficult.

Additional quotes:

  • We recognise that the UK has red lines too.
  • These negotiations are very difficult at the moment.
  • Hopeful of a positive outcome.
  • See a strong incentive to find a Brexit deal.
  • We are running out of time.

The comments further tempered the recent optimism about a possible last-minute Brexit deal and kept the GBP bulls on the defensive. Meanwhile, the GBP/USD pair was seen hovering near the lower end of its daily trading range, just above mid-1.3300s.

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