EU's financial supremo out on Bloomberg 3 May 2016
Same old call for reform and undoubtedly will continue to fall on some very deaf ears.
Meanwhile BUBA's Dombret is still spouting forth and says ECB mon pol is "appropriate".
Appropriate for what remains to be seen.
Either way euro still enjoying some dip-demand with EURGBP helping it along as I highlighted in an earlier post. Highs so far of 0.7893 with more offers/res at 0.7900. EURGBP rally still helping to push cable lower to 1.4686.
EURAUD demand also adding to the picture as AUDUSD falls back to 0.7570 sending EURAUD up to 1.5320.
On the other side EURUSD 1.1590 finding supply around 1.1600 again with EURJPY stalling into 122.80.
