Cable climbs after EU commissioner says Brexit talks making progress

Upbeat comments on negotiations

Oettinger said there has been noticeable progress on the divorce bill and that they’re only a few billion apart. He also said talks are very advanced on the free movement of people.

At the same time, Bloomberg reports that the EU and UK have reached an agreement on the role of the European Court of Justice.

Oettinger hinted that the Ireland border questions are a challenge and are ‘very complex’.

Still the pound is taking it all as good news and cable is at a session high

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