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UK to make sufficient progress in Brexit talks with EU by October to move to next phase

The UK’s Brexit ministry is out with a statement, responding to yesterday’s headlines, via Sky news, citing that the next phase of Brexit talks between UK and EU will likely be delayed to December.

The Brexit department noted: Britain is confident that it will make sufficient progress in Brexit talks with the EU by October to move to next phase.

EUR futures: upside interest fades

According to CME Group’s flash data for EUR futures markets, traders increased their open interest positions by just 645 contracts on Wednesday vs. Tu
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USD/CAD bounces off 2-week lows, back above 1.26 handle

The USD/CAD pair extended overnight slump and slipped below the 1.26 handle, to its lowest level in nearly 2-weeks during the early European session. 
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