More from Nowotny

He's speaking at a presser following the Austrian central bank's annual general meeting.

  • ECB want a steady hand policy in 2017

  • Central banks must pursue a stable hand policy

  • It's important to analyse future economic developments closely

Not sure what's going on in yen pairs but we're seeing some quick spikes in USDJPY, EURJPY and GBPJPY. It looks GBP led as EURGBP has dropped too.