Comments by UK environment secretary, George Eustice

  • We are committed to the Northern Ireland protocol
  • We are just sorting out some minor legal ambiguities
  • We are just trying to clarify some things

Eustice is referring to this here, but his words certainly doesn't sound too convincing. Either way, the pound isn't liking the latest rhetoric in the Brexit saga and is keeping weaker to start the session.

Cable is down to session lows, now around 1.3210 and moves closer to testing near-term support at the 1.3200 handle. The Friday low @ 1.3175 will also be a level to watch.

Brexit