Investing.com – The pound rose on Friday on a newspaper report that the U.K. government is contemplating some type of regulatory divergence between Northern Ireland the U.K. in an attempt to secure a Brexit deal.

According to The Times, Northern Ireland’s DUP would be willing to accept some EU regulations following a U.K. withdrawal from the EU — replacing the Irish backstop proposal — raising some hopes of a new deal. But the DUP denied the report shortly afterwards.

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