Yes folks our man Coeure still rattling on in Davos 26 Jan
Draghi certainly seemed in no rush for normalisation yesterday at his presser.
- important to look at upside risks
- sees come complacency on global level about inflation
Certainly can't accuse the ECB of that. Forever kicking off about it.
- ECB forward guidance will have to evolve
- we are in talks
Eh? Didn't Draghi yesterday say talks haven't really started yet? Oh well, ours is not reason why. Ours is just to sell and buy.
EURUSD a little higher again at 1.2464 as is EURGBP at 0.8748 and EURJPY at 135.96
