ECB member and French central bank governor speaking on tv

  • more govt reforms needed
  • mon pol alone can not revive economy

Another central banker repeating himself. We had the same from Villeroy yesterday.

  • ECB action has added 1 point to inflation and 80,000 French jobs in 2015
  • reforms needed to boost confidence.

Meanwhile EURUSD still trawling around 1.1100 EURGBP 0.7782 EURJPY 125.87