Let’s hope it injects a bit of life into what has been a rather lacklustre start to the session, albeit one noticeable so far by the USDJPY retreat from 118.00, but as I said before it’s all relative

President of the European Central Bank, Mario Draghi, is due to give the keynote speech at the European Banking Congress in Frankfurt at 08.00GMT.

Here’s the link but not sure if it’s carrying a webcam

Later, at the same event, we get:

  • 10.15GMT Jens Weidmann, President of the Bundesbank, and also comments from German Minister of Finance Schäuble

EURUSD currently going nowhere fast at 1.2544, EURGBP 0.7995 and EURJPY just off session lows at 147.59

Draghi - Trust me, I'm a central banker

Draghi – Trust me, I’m a central banker