EU Officials: Irish border backstop is flawed – The Times

The Times reported key headlines from a confidential diplomatic note, citing:

The European Commission and other EU negotiators privately acknowledge that the preferred Brussels solution will not prevent a hard border after Brexit and could undermine the single market.

EU sources said that the backstop in its current form could potentially pave the way for a future trade deal that would give the UK many of the benefits of the single market without membership.

EUR/USD focus now shifted to 1.2153 – UOB

In opinion of FX Strategists at UOB Group, spot remains neutral and is now eyeing a test of the mid-1.2100s. Key Quotes 24-hour view: “Expectation f
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EUR/GBP sell strength beyond 0.88 – Danske bank

Chief Analyst at Danske Bank Arne Rasmussen, recommended selling the European cross on occasional upticks beyond the key 0.8800 hurdle. Key Quotes “
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