Dow Jones Newswires cited an official familiar with the negotiations saying the reported agreement to boost the EFSF to 2 trillion euros is “totally wrong.” The dateline on the story says it came out an hour ago but it hasn’t gotten any traction. Tough to argue against the Guardian’s reporting but it’s not exactly known for breaking financial market news. The link to the story is here.
Update: Jamie covered this earlier. My bad. Carry on.