ECB governing council member and Latvian CB head on local radio 13 July
- inflation forecast still far from ECB goal
- EU will lose "voice of logic" with after Brexit
Cue further euro declines.
Bloomberg had the quote as "a few years". Reuters and others have it as "a couple of years". Either way it's not any time soon in his opinion and the bots have EURUSD down to test the next line of option interest at 1.1390 and head lower to 1.1376 before finding a few buyers
EURUSD 0.8812 after lows of 0.8806 with GBPUSD steady around 1.2920
EURJPY tested 128.50 support/demand and currently back to 128.67
Latvian CB gov Rimsevics says QE here for a while yet