• Astonished by market reaction to his earlier comments on deposit interest rates
  • There has been discussion about going into negative territory, ECB is open minded about it, do not expect short term result
  • Feels over-interpreted by the market

EUR/USD falling below 1.31 on the back tracking clown

EUR/GBP falls 20 pips to 0.8420 with EUR/JPY down to 128.35 from 128.67

USD/JPY taking a duck under 98 to 97.95

I never ceases to amaze me that these jokers have no regard for what they say and how they say it.