BUBA boss and ECB governing council's Weidmann in scheduled speech 8 Feb
- euro appreciation unlikely to jeopardise expansion
- no sign of EZ growth abating anytime soon
- recent German wage deal supports expectation for gradually rising inflation
- should not be unsettled by recent stock market sell-off
- ECB policy should remain loose beyond QE
Cautious tones again from Weidmann but upbeat on EZ economy.
EURUSD up a tad at 1.2252 as is EURGBP 0.8831 and EURJPY at 134.33 but sellers remain poised.