Bank of France governor and ECB member Villeroy was on the wires today stating the inflation in the Eurozone is too low, but added it is still not in deflation.
Key Quotes
Eurozone domestic demand is resilient
ECB will be looking for signs of second-round effects of low oil prices when it publishes its forecasts next week
Risks to global economy have indisputably increased
Market volatility is excessive
Must not let inflation forecasts become too pessimistic
(Market News Provided by FXstreet)