ECB’s Villeroy: If required by Brexit, ECB ready to act if call on

Additional comments crossing the wires from ECB governing council member Villeroy:

Monetary policy to boost inflation by 0.5 percentage points on average per year between 2016 and 2018

Priority today is implementation of March measures
Hopes UK will remain in EU

If required by Brexit, ECB ready to act if call on

Monetary policy measures in place are sufficiently adapted to the current economic situation

If ECB were called on to help manage risks linked to Brexit we would do so

Further decline in EUR/DKK could trigger DN intervention – Danske Bank

Senior Analyst at Danske Bank Jens Pedersen sees the likeliness of FX intervention by the DN if EUR/DKK slips lower.
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European Monetary Union Consumer Price Index (MoM) in line with expectations (0%) in April

European Monetary Union Consumer Price Index (MoM) in line with expectations (0%) in April
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