ECB's Hansson: European economy needs higher growth potential

Speaking in Tallin, ECB governing council member and Estonian central bank head Hansson commented on the Eurozone economic growth and ECB’s monetary policy.

Key Quotes via Bloomberg:

“European economy needs higher growth potential”

“ECB can't produce sustainable economic growth”

“Need for reforms in Eurozone hasn't diminished”

EUR/USD sidelined near 1.1200, Payrolls eyed

The shared currency is extending its consolidative theme in the upper end of the recent range, with EUR/USD gyrating around the 1.1200 handle. EUR/US
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EUR/USD a test of 1.0950 unlikely so far – Danske Bank

Senior Analyst at Danske Bank Pernille Henneberg sees a potential test of the mid-1.0900s as unlikely, even in the case of a strong Payrolls numbers.
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