MNI had some headlines from Linde a short time ago:
- Interested in having a euro that stops rising vs dollar
- End of euro appreciation would aid whole European recovery
- Declaration of unanimity means we are ready to act
- Unanimity was the key word in the last ECB intro statement
- Any QE program difficult to implement, needs more study/work
- Risk of deflation is not zero, but it is not very high
The headlines are dovish but the market wants to wait for the data before it jumps to conclusions. The euro remains near the best levels of the day at 1.3820.