Just hours ago, my colleague Fawad Razaqzada noted that “it was not clear whether any real progress was made by Britain and the European Union in reaching an accord.” While there haven’t been any official statements, much less votes, the EU’s latest offer has reportedly been called a “non-starter” by the DUP and not enough of a change from the previously rejected offers. We’ll see what this weekend’s wrangling brings ahead of Tuesday’s vote, but the early signs aren’t promising. Forward-looking traders have already started selling GBP/USD, taking the pair down to test the 1.30 handle at the European session close. As ... (full story)