Beware: This was out earlier
The Times earlier reported that Merkel and Macron “agreed to weaken EU demands for a so-called level playing field” citing a Brussels source.
That headline just hit a newswire and caused a ripple in GBP that quickly faded (because it’s been out for an hour).
Also note that the same report says the new position also came with a caveat from France, warning they were ready to abandon talks and prepare for a no-deal Brexit.
This article was originally published by Forexlive.com. Read the original article here.