Cable takes off on further May stories about paying €20bn to the EU during the Brexit transition period
- Willing to pay €20bn but only if UK has single market access and some form of customs union
Apparently May will confirm this in her speech in Italy tomorrow.
Cable has jumped to a day’s high of 1.3553. Also bear in mind we’ve just had the fix too, so that might be part of it as well.
At least it’s given me a good exit level for my overnight longs.