ECB’s Smets, said he favors QE taper

ECB Director General of Economics Frank Smets on the wires 11 Oct

  • QE recalibration to be gradual and prudent
  • inflation is still in need of my support pol

Reuters reporting, but nothing we didn’t already know in the essence.
EURUSD a little lower at 1.1815 but EURGBP still offer around 0.8960 sending the GBPUSD down to 1.3183

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