ECB president Draghi comments in a letter to Members of the European Parliament
APP refers to the ECB's asset purchase program.
The letter covers a bunch of issues including Greece, nothing significant other than the above it seems - which isn't a whole lot either. Talking about historical moves, not really relevant.
Anyway, there's also some comments by ECB supervisory board chair Daniele Nouy:
- Transitional Brexit deal cannot be taken for granted
- European banks have a profitability problem
- Banks need to prepare for worst-case Brexit scenario
Some general comments. Nothing particular to note as well from Nouy. EUR/USD slightly higher now at 1.2328 as the dollar continues to be a letdown. EUR/GBP unphased at 0.8775 while EUR/JPY is also tied down at 135.40 levels.
