ECB exec board member and former Luxembourg cb gov talking to International Bankers Forum

  • have by no means run out of ammunition. We still have firepower
  • deposit rate theoretically not at lower bound
  • QE will run as long as necessary to reach our goal sustainably
  • we can add on at anytime should this be necessary

Nothing in the comments that we don't already know.

Bloomberg reporting the headlines and say the full interview will be published tomorrow 29th

EURUSD 1.0970 just off 1.0978 highs having rallied from 1.0955 this morning

ECB's Mersch - Haven't exhausted ammo yet