Need to keep the foot on the accommodation pedal – ECB’s Honohan

Irish Central Bank governor and ECB Governing Council member, Patrick Honohan was on the wires some minutes ago, noting that the central bank can see the impact of ECB QE program on the Euro zone and adds the policy needs to remain accommodative.
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EUR/USD accelerates the drop to 1.0580

The selling mood around the shared currency is picking up further pace today, dragging EUR/USD to fresh 7-month lows near 1.0580...
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