- although tensions in global financial markets eased in H1
- sovereign debt crisis subsided further in H1
- SSM, SRM helped easing market tensions
- unconventional policy contributed to improvement
Speaking at news conference in Vienna. BBG reporting
Not a price changer EURUSD 1.3580
Add:
- June 5 measures by ECB showing impact
- ECB package has eased pressure on euro
I guess he means the upward pressure!
