ECB’s Bonello: No rush to do much- Bloomberg

The head of Malta’s central bank says the ECB does not have to be in any rush to shift policy.

A sharp rebound in US equities have seen EUR/USD, commodity currency and JPY crosses market higher by the algorithms today. Actual flows are very light, traders say. EUR/USD trades at 1.3970 and the S&P is 1.6% firmer.