Bundesbank head and ECB governing council member Weidmann 18 May

  • political risks have diminished in Eurozone somewhat after French elections

German election a shoe-in for Merkel then Jens ?

No surprise to hear Weidmann or indeed Germany calling for end to QE. Been the same story for a long time now.

EURUSD 1.1136 capped by EURGBP and EURJPY supply sending GBPUSD up to 1.2964 and USDJPY down to 110.98

"Fancy your chances in September then Angela ? "