UK finance minister talking to BBC Radio 4 June 22

  • not at odds with colleagues in govt over type of Brexit UK should seek

Hammond's, and others', softer preference was evident in yesterday's Queen's Speech and helped to underpin GBP before Haldane ramped it up.

  • British people want a Brexit that protects their jobs and standard of living
  • business investment is being postponed until the likely outcome of Brexit is clear
  • wants early agreement on transitional arrangements for Brexit to avoid cliff edge
  • confident of reaching a deal with DUP

Meanwhile GBPUSD 1.2681 just off 1.2687 highs after a spike from 1.2665. Still tightly bound after yesterday's rally to and retreat from 1.2710

EURGBP 0.8811 from 0.8822. Bids nearby.

GBPUSD 15m -