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EU said to see Brexit deal as impossible unless the UK moves

  
  Analysis
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The pound sinks further on the headlines

  • Technical Brexit negotiations said to have reached an impassse
  • Brexit negotiations may collapse amid DUP resistance towards a deal
  • Fate of Brexit negotiations said to hinge on a move from London now
This is coming via Bloomberg and reaffirms the earlier sentiment that we’re reaching a bit of a sticking point as the DUP is failing to get on board with the proposed Brexit deal.
The pound has fallen further on waning optimism with cable dropping to a low of 1.2658 from 1.2730 before recovering to near 1.2700 currently.
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