Ireland’s Donohoe: Possibility of a no-deal Brexit is clearly growing

Ireland's Finance Minister Donohoe recently crossed the wires, via Reuters, noting that the possibility of a no-deal Brexit is clearly growing.

He added that the economy is well capable of responding back to risk of a no-deal Brexit.

The pound remains undeterred by the above comments, as the GBP/USD pair keeps extends its recovery towards the 1.21 handle amid an improved risk tone.