ECB's Vasiliauskas says any tapering of assets should be gradual

ECB's Vasiliauskas out on Reuters 18 May

• ECB needs to remain predictable
• ECB should not continue QE beyond this year if data confirms positive development
• ECB shd move step by step
• ECB should discuss balance of risk assessment, easing bias at June policy meeting

More of the current mantra. Yes to tapering sooner rather than later, rate hikes uncertain as is the timing

EURUSD 1.1131 still being impacted by EURGBP and EURJPY action