Bundesbank head Jens Weidmann speaking to Swiss Tagesanzieger 17 May 2016

  • agreed-upon easing should be allowed to unfold
  • forecasts show domestic price pressures to rise
  • not in favour of helicopter money, not a topic for ECB

Weidmann in cautious mode again and seemingly on a mission to get his point across having been published in Die Welt today which Eamonn covered earlier.

Meanwhile the euro remains on the back foot with EURUSD pinned near lows of 1.1313, and EURGBP 0.7811. EURJPY 123.32 in very tight range so far.