German financial stability committee out with a few comments 27 June
- German financial system is robust, low interest rates are the biggest risk
Keep piling the pressure on Draghi. It seems to be working judging by today's tones.
- German banking system has become more resilient but risks have increased
- low interest rates are a noticeable burden on life insurance
- cyber attacks pose increasing financial stability risks
Meanwhile EURUSD continues to post fresh session highs of 1.1275, EURJPY 126.17 and EURGBP holding 0.8830 which is still helping to cap GBPUSD gains.
