ECB president Draghi with opening remarks at ECB Forum in Sintra 27 June

  • policy needs to prudent and consistent
  • we see EZ growth above trend and all signs now pointing to strengthening and broadening recovery in EZ

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EURUSD up to 1.1225 on the bullish talk. EURGBP upto 0.8807

General USD supply helping too after comments by US Fed's Williams