ECB supervisory board VP with a scheduled speech 15 Feb
- by that I mean a tightening of existing borrower-based measures
- tool box defined by the EU legal framework may be too small to address all types of systemic risk
- stability risks not too pronounced now
Hurrah! Beer and pretzels all round.
Meanwhile EURUSD slipping back a little further to 1.2470. EURGBP around 0.8871 with EURJPY holding its own around 133.10 as USDDJPY climbs back to 106.75
