ECB's Nowotny talking in Trend magazine 5 Oct
largely agrees with Weidmann that we need to think about how to take our foot off pedal on asset purchases rather than hit brakes
I assume we will start cautious deceleration at the start of the coming year
no longer favours ECB buying bonds of companies that have no difficulty financing themselves on market
- ECB discussed restricting ICO's (Initial Coin Offerings
The news was circulating a short while ago but has made little impact on the euro given it's Nowotny's established position.
EURUSD was already drifting back from 1.1779 session highs and currently steady around 1.1760
EURGBP drifting back to 0.8918 after 0.8934 highs.
