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Mann on the path

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USDCAD Resisting Modest Broader USD Weakness

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UK
UK: PM Johnson's full letter to EU's Juncker released via media, in which the PM
outlines the UK's proposals to create a deal to provide for the creation of an
all-island regulatory zone for all goods, with a commitment to no checks at all
on the NI/Ireland border. Letter makes clear the government's intention to leave
the EU customs union at the end of the transition period. 
- So far, largely as expected from the letter, resulting in little move in
either GBP or UK gilts. Focus turns to EU response, which is not expected to be
positive.
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com
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