German finance minister out on Reuters 21 Nov
No great surprises in that statement. Germany has long been against accommodative mon pol.
– we have to act with extreme caution when exiting the unusually expansive mon pol
Meanwhile EURUSD 1.0623 hanging in there but with EURGBP and EURJPY dropping another 20 pips since my on the pairs.
Germany’s Schaeuble says he would prefer to start ending unusually expansive QE as soon as possible
