Hmmm, wonder who that source is?

Sterling depreciation a problem G7 will discuss at Feb meeting- G7 source

That’s the Reuters headline which just crossed the wire. I wonder who in the world could be the source for that comment?

The source said there was no need for verbal intervention yet currency markets, saying the situation is not at that point yet. (I wonder if they said it with a straight face.)

Cable has recovered with EUR/USD and now trades at 1.3860, nearly 2.5 cents off session lows. EUR/USD trades up at 1.2925, up a penny. EUR/GBP is at 0.9308, down from 0.9429 earlier in the day.