ECB's Coeure says risks of fintech can not be ignored
ECB exec board member Coeure in scheduled speech in
- any regulatory loopholes on fintech should be closed
Nothing on monetary pol as yet if at all given the speech is on fintech and regulation. Maybe a Q&A to come so we'll keep our eyes open.
Full speech here
EURUSD still trawling around 1.2390 EURGBP 0.8878 near session highs as GBPUSD once again fails into 1.4000.
I warned yesterday of good supply/offers/res between 1.3980-00. Two attempts and now 1.3956
By the way, the ECB isn't messing around when it comes to the location of speeches. Duly noted.