The time is not now, says Finnish central banker Liikanen. Plan exit strategies but don’t impliment them is the message. The ECB seems pretty united on that front while the Fed seems to have become somewhat factionalism, though that split may be more of a good cop/bad cop routine to prepare the market for an eventual strategy than a real divide in opinion.
EUR/USD is trading in choppy fashion late in the session, now easing as US stocks turn lower. Next support is at 1.4610. We trade now at 1.4635.
