ECB's Nowotny speaking to ORF Radio 10 Nov

  • some ECB colleagues believe there's a danger that the costs of expansive mon pol are lowly outweighing the benefits
  • all world CBs believe rates can only rise after bond buys end, therefore ECB rate rise won't be realistic prospect until 2019

EURUSD suitably unfazed at 1.1633 but just off session lows of 1.1623