ECB's Ewald Nowotny speaking at the Euromoney CCE Conference in Vienna

More ECB members touching on the EUR exchange rate following Villeroy's comments overnight and Constancio earlier.

It appears to be sensitive times for the euro, with a host of ECB members seeking to jawbone it a little one way or another. EUR/USD is now at 1.2223, dropping a little earlier to about 1.2215 after the comments.

Meanwhile, the European Ombudsman has urged ECB president Mario Draghi to give up membership to the Group of 30 - warning that further meetings with the group may constitute to "maladministration". Just a minor one, no further details on that yet.