ECB and Bank of France’s Francois Villeroy de Galhau in an interview with Die Zeit

  • There should be an adequate reduction of asset purchases towards their possible end
  • ECB should still keep in place a substantial degree of accommodation through our other instruments

These comments were out as the US data hit and helped put a bid into the euro. EURGBP has used it as an excuse to push up to the big options expiries going off today at 0.8940 & 0.8960

Ryan Littlestone

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