I'm giving it it's own post following the Weidmann comments
- We should end QE before raising rates
- Wants ECB to talk about the reduction of monetary expansion early this summer
- Monetary expansion should be tied to the forward direction of rates
- It is unreasonable to discuss raising interest rates before easing has ended
- ECB needs to be very predictable
Two lots of hawkish comments from ECB bigwigs helps the euro up 20 odd pips to 0.0685