Bundesbank head and ECB governing council member Weidmann over the wires 13 June 2016
- current expansionary policy appropriate
- ECB has time to give already adopted measures time to work
No surprises here from the German.
Meanwhile the euro gets a lift from EURJPY and EURGBP demand, the latter testing decent offers/res around 0.7950
Weidmann - Repeating his call for no further easing required