ECB's Coeure says downside risks to Eurozone mainly from outside region

ECB executive board member Coeure on the wires 7 April

• Syria is a downside risk
• baseline scenario for EZ is quite robust

Markets begging to differ right now with EURUSD falling to 3-week lows of 1.0626, playing catch-up with cable as EURGBP remains around 0.8555

EURJPY 117.65 also finding rally sellers still.

ECB's Coeure - baseline is robust still for EZ