ECB’s Klaas Knot on the wires

  • The main rational for ECB asset purchases has vanished
  • Euro’s gain reflects benign assessment of the economy
  • Confident CPI will return to levels consistent with goal

BBG picking up the comments.

The hawkish headline was worth all of 12 pips as EURUSD rose to 1.2012

 

Ryan Littlestone

Psychedelic chartist extraordinaire. Have your shades ready.
Philosophy: “Don’t be a Dick for a tick”

Read how Ryan got into trading here
Ryan Littlestone

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