Former ECB President Trichet speaking to Radio Classique 27 Oct
- has no doubt on economic dynamism
- shows increased synchronization of EZ economies
- France and Italy have more to do on competitiveness
- weak inflation is a global phenomenon
- prices not rising they way they have in the past
- competition from EM capping prices
Meanwhile EURUSD 1.1633 trawling around session lows of 1.1625
