Irish ForeignMin Coveney: No-deal Brexit scenario is a very unlikely outcome

Commenting on the recently published Brexit white paper, Ireland’s Foreign Minister Simon Coveney said that the new British position on Brexit was taking a step toward a 'softer Brexit,' and added that a no-deal scenario was a very unlikely outcome.

There was no significant market reaction to Coveney's comments and the GBP/USD pair was last seen trading at 1.3225, where it was up 0.15% on the day.