Bank of France's Villeroy says that there is progress on inflation

Bank of France governor and ECB board member Francois Villeroy de Galhau speaks on CNBC

• Says that he sees robust recovery
• There is very little debate on the outlook at the ECB
• ECB won't pre-commit on end timing of asset purchases

The same old stuff from ECB board members, basically. Nothing that is too surprising, just a reiteration of the current stance of the central bank with regards to QE.

EUR/USD at 1.2371 on the day, trading in a 19 pips range. EUR/GBP at 0.8854, trading in a 11 pips range. And EUR/JPY at 131.13, just above the lows for the day.