Draghi's Q&A session now underway 25 Jan
- there hasn't been much of a change since Oct
- statement therefore unchanged
- we can't yet declare victory
- commitment to inflation target remains firmer than ever
- mon pol will remain accommodative
He's keen to re-state that mon pol will remain accommodative well past QE ending as per ECB statements.
EURUSD capping at 1.2498 so far as 1.2500 barrier option holds
Watch it live here
