EU's Šefčovič: EU cannot be blamed for cost of Brexit

"The European Union cannot be blamed for the cost of Brexit," Maroš Šefčovič, European Commission Vice President of Interinstitutional Relations and Foresight, said on Friday, as reported by Reuters.

Additional takeaways

"The EU has an unwavering commitment to the people of Northern Ireland."

"The EU will continue to engage tirelessly with the UK in September."

"Our overarching objective is to have a stable relationship with the UK."

Market reaction

These comments were largely ignored by market participants and the GBP/USD pair was last seen gaining 0.25% on a daily basis at 1.3870.