French Fishing Association: We still don’t have what we want regarding licenses

The French Fishing Association Body on Thursday said that it still does not have what it wanted regarding post-Brexit fishing licenses, according to Reuters. The body added that it would take retaliatory measures as soon as possible if its demands were not met regarding the licenses. 

The body said that its fishermen will be taking action on Friday at 1400GMT at the port of Caen-Ouistreham, which may lead to the blockade of some boats. Protest action will also take place at St Malo and in the Eurotunnel, the body said. 

Market Reaction

The latest signs of an imminent escalation in UK/France tensions over fish have not impacted FX markets this Thursday. Liquidity conditions are very thin given that US markets are closed on Thursday for the Thanksgiving holiday.