ECB vice-pres speaking in London.

  • macro-prudential policy must be bold and we must extend the tools we have been given

Nothing of real note as yet

  • whatever froth you think there is in the Eurozone markets, credit is still falling

EURUSD 1.2775 having posted new session highs of 1.2790

Constancio pulling another happy face

Constancio pulling another happy face