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Irish PM Varadkar: EU has upper hand in Brexit trade talks with UK

In an interview with the BBC on Monday, Irish Prime Minister (PM) Leo Varadkar noted that the European Union (EU) will have the upper hand in post-Brexit trade talks with the UK.  

Key Headlines:

Questions UK Prime Minister Boris Johnson’s timetable of striking a deal by the end of the year.

The European Union is a union of 27 member states. The UK is only one country. And we have a population and a market of 450 million people.

The GBP/USD pair shrugs off the above comments, as it extends its recovery attempts towards the 1.31 handle amid a fresh round of broad US dollar selling. 

USD/JPY now seems to have stabilized near 109.00 mark

The USD/JPY pair built on its steady intraday recovery from near three-week lows, with bulls now looking to extend the momentum further beyond the 109
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Crude Oil Futures: Scope for a deeper pullback

According to preliminary data from CME Group, traders added around 24.2K contracts to their open interest positions at the end of last week. Volume, i
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