Coeure says ECB interest rates will not rise before bond-buying ends

Author: Mike Paterson | Category: Central Banks

ECB board member Coeure just out with a few comments 16 Feb

  • ECB gov council unanimous on policy sequence
  • ECB will discuss policy language in early 2018
  • sees no reason for EZ concern over market slump
All repeated mantra. Ntg to set tongues wagging or prices moving.

EURUSD currently 1.2501 continuing its retreat but USDJPY also back below 106.00 and USDCHF 0.9217 with EURCHF heading down to look at 1.1500 again. EURGBP back to 0.8875 after failing around 0.8885 even with GBPUSD also falling to 1.4078.