DUP Stands Firm on Brexit Deal

“You can’t have your cake and eat it” has always been the European Union’s mantra in Brexit negotiations. It turns out maybe Northern Ireland could, but history doesn’t bode well for an agreement.The province is probably the only part of the U.K. that the EU might ultimately allow to have unimpeded access to both the British and single European markets following Brexit, according to a European diplomat involved in the negotiations.Trouble is, the pro-British Democratic Unionist Party that props up Prime Minister Theresa May’s government is adamant it won’t do anything that might weaken the union with the rest of the U.K.

Source: As May Scrambles to Save Brexit, ‘Doctor No’ Party Stands Firm – Bloomberg

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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.