Brexit: EU negotiators believe divorce deal with UK is "very close"

According to Reuters, citing unnamed EU diplomatic sources

No details apart from the headline at the moment but this isn't anything new in my view. But the headline is enough to give the pound a bit of a lift. Cable moved up from 1.3006 to 1.3025 on the back of that.

As for why I don't see this as anything new, it's very much been said before. Both sides have said that they are close to a deal and that an agreement is 80% to 90% done, depending on who you ask. But that remainder are the key issues such as the Irish border so that's not really adding much to the current rhetoric.

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