ECB's Draghi says structural reform needed to lift rates from lower bound

ECB president speaking in Frankfurt 29 Sept

• lower equilibrium rate caused ECB to adopt neg rates
• we need more robust fiscal policy prescription

Draghi repeating the now familiar CB cry for help on structural reforms.

Euro unfazed but EURGBP capping above 0.8623 as GBP finds dip demand once more as per my previous post. Cable back up above 1.3000.