James Smith, developed markets economist at ING, suggests that there is a lot of focus on the UK Attorney General Geoffrey Cox, who is reportedly in talks with the Democratic Unionist Party (DUP) to see how he can change his legal advice on the Irish backstop. Key Quotes “Remember the theory goes that if the government can win over the DUP, then many Conservative MPs, as well as some Labour lawmakers, may follow in backing the deal.” “To recap, the DUP and others want there to be a legal mechanism for the UK to extract itself from the backstop at a future date, but so far the Attorney General has been unable to give this assurance. In most recent talks within the government, there is reportedly focus on the Vienna Convention as a kind of ‘nuclear option’ to get out of the backstop – although a series of legal experts have poured cold water over this idea.” “On the basis that the Attorney General doesn’t manage pull a rabbit out of the hat, in the end it will come down to politics. Whether or not May’s deal succeeds will depend on a) whether the Brexiteers think there is a real chance of a long Brexit delay and b) whether they think Parliament is likely to rally around a softer Brexit alternative.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next WTI breaks higher to test 59.00, fresh 4-month tops FX Street 4 years James Smith, developed markets economist at ING, suggests that there is a lot of focus on the UK Attorney General Geoffrey Cox, who is reportedly in talks with the Democratic Unionist Party (DUP) to see how he can change his legal advice on the Irish backstop. Key Quotes "Remember the theory goes that if the government can win over the DUP, then many Conservative MPs, as well as some Labour lawmakers, may follow in backing the deal." "To recap, the DUP and others want there to be a legal mechanism for the… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.