Office of German president out with the news a short while ago 20 Nov

Original reports were of a statement at 13.00 GMT

Merkel will meet him with an update/her intentions/preferences at 11.00 GMT and then hopefully we'll know more from which to work/trade/second-guess.

EURUSD currently 1.1787 after finding sellers above 1.1800 but EURGBP still underpinned around 0.8895 and helping to cap cable.

German president Steinmeier probably not so relaxed right now