As per Handelsblatt
Banque de France's Governor and ECB member Villeroy adds:
- Eurozone proposals are good
- ECB still sees robust economic growth
- monetary policy alone could not solve downturn
- protectionism remains a threat
- ECB Council sees robust growth awaited
The EURUSD is not all that impressed with the comments. The price is trading just above the NY session low at 1.1642. The 200 hour MA at 1.1633 and the 100 hour MA at 1.16165 are support targets now.
