DUP Responds to Dublin Stance on Border Solution

A senior member of the Northern Irish unionist party propping up British Prime Minister Theresa May’s government warned on Friday that a hardening of Dublin’s position on Brexit risked “a very hard border” returning to the island.

The border between the Irish Republic, a member of the European Union, and the British province of Northern Ireland will be the only land frontier between the United Kingdom and the EU once Britain leaves the bloc in early 2019.

Politicians in London, Dublin, Belfast and Brussels have all said they want to avoid the return of a “hard border” but Ian Paisley Jr of the Democratic Unionist Party (DUP) warned of exactly that when he reacted strongly to a report that Dublin wanted the Irish Sea to effectively be the post-Brexit border.

Reuters

CAC Slips as French CPI and Consumer Spending Decline

The Roller Coaster

This article is for general information purposes only. It is not investment advice or a solution to buy or sell securities. Opinions are the authors; not necessarily that of OANDA Corporation or any of its affiliates, subsidiaries, officers or directors. Leveraged trading is high risk and not suitable for all. You could lose all of your deposited funds.

Craig Erlam

Craig Erlam

Senior Currency Analyst at OANDA
Based in London, England, Craig Erlam joined OANDA in 2015 as a Market Analyst. With more than five years' experience as a financial market analyst and trader, he focuses on both fundamental and technical analysis while conducting macroeconomic commentary. He has been published by The Financial Times, Reuters, the Wall Street Journal and The Telegraph, and he also appears regularly as a guest commentator on networks including Sky News, Bloomberg, CNBC and BBC. Craig holds a full membership to the Society of Technical Analysts and he is recognized as a Certified Financial Technician by the International Federation of Technical Analysts.