ECB’s Makuch: Situation in euro zone still fragile, too early to talk about turning point

• Monetary policy setting still accomodative, pro-growth
• Does not expect debate about monetary policy settings in short-term
• Does not expect third 3 year LTRO if conditions don’t change

EUR/USD touch easier in wake of comments, presently at 1.3340.

UPDATE: GETTING REPORTS OF SELL STOPS GATHERING NOW THROUGH 1.3320.