ECB gov council member Nowotny speaking in Vienna 17 Jan

  • cites Fed member as saying "animal spirits" now positive
  • Eastern Europe most dynamic EU region
  • sees headline inflation increasing substantially but core inflation not so much
  • ECB made sure it had enough securities to purchase
  • 2017 will be a challenging year

Got that one right.

EURUSD 1.0663 still underpinned as USD selling continues with USDJPY falling to 113.11