- premature to say crisis is over
- banking union in coming months is key to making progress
EU Commission’s chief economist speaking at a conference at Alpbach
Let’s be clear, especially in view of the dramatic levels on unemployment in many parts of Europe there is no room for complacency.Pronouncements that the crisis is over are premature to say the least
Euro lower on the dovish/cautious talk
EURUSD triggered stops below 1.3300
Currently 1.3286
EURGBP slapped through bids at 0.8565 to post 0.8557. currently 0.8560
EURJPY took out bids at 130.00 to post 129.97.. currently 130.16
Thin markets exacerbating the moves
