Austria’s Schelling says ECB should put an end to negative interest rates

Austrian finance minister Schelling on the wires 20 Oct

  • The ECB should take the foot off the accelerator on the APP
  • The ECB should not pull the emergency brake on QE
  • will put himself forward for the head of the Eurogroup if the rest of the minister in the next government
  • Luxembourg, Slovakia and France in the race for the post too

Schelling is addressing a group of retail investors in the Vienna
EURUSD still around 1.1800 with large option of interest there today, but EURGBP to get to 0.8984 and lift GBPUSD back up to 1.3135

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