Another day, another Brexit negotiation story. According to RTE reporter Tony Connelly, "EU and UK negotiators have agreed a text on how to avoid a hard border on the island of Ireland, which will form part of the Withdrawal Agreement." BREAKING: EU and UK negotiators have agreed a text on how to avoid a hard border on the island of Ireland, which will form part of the Withdrawal Agreement, https://twitter.com/rtenews?ref_src=twsrc%5Etfw!function(d,s,id){var js,fjs=d.getElementsByTagName(s)[0],p=/^http:/.test(d.location)?'http':'https';if(!d.getElementById(id)){js=d.createElement(s);js.id=id;js.src=p+"://platform.twitter.com/widgets.js";fjs.parentNode.insertBefore(js,fjs);}}(document,"script","twitter-wjs"); understands — Tony Connelly (@tconnellyRTE) https://twitter.com/tconnellyRTE/status/1062373393046167552?ref_src=twsrc%5Etfw!function(d,s,id){var js,fjs=d.getElementsByTagName(s)[0],p=/^http:/.test(d.location)?'http':'https';if(!d.getElementById(id)){js=d.createElement(s);js.id=id;js.src=p+"://platform.twitter.com/widgets.js";fjs.parentNode.insertBefore(js,fjs);}}(document,"script","twitter-wjs"); RTE reports: "While two well-placed sources have confirmed that the text was "as stable as it can be", they say it would not be correct to say that the negotiations have "concluded". According to both sources, there will be one backstop to avoid a hard border on the island of Ireland." It also outlines the backstop: "The backstop will come in the form of a temporary UK-wide customs arrangement, with specific provisions for Northern Ireland, which go deeper on the issue of customs and alignment on the rules of the single market than for the rest of the UK." And of course, the algos read the headline and bid cable back above 1.30... The bottom line - as with so many stories surrounding this negotiation, don't hold your breath for this headline to be confirmed. Bloomberg reports that a senior official said it would be wrong to say negotiations were "concluded", and that there was still some "shuttling" between London and Brussels. However, if this report turns out to be true then it is a win for May in managing to garner some concession from the EU which was a key sticking point for hardline Brexiteers.