<ul><li>Agreed that risks to the inflation outlook remained and it might still be necessary to hike</li><li>Expressed concern that shelter price inflation could remain elevated
Main scenario: consider long positions from corrections above the level of 0.9440 with a target of 0.9600 – 0.9683. Alternative scenario: breakout and consolidation below the level of 0.9440 will all
<p>ECB Villeroy on the economy and central bank policy:</p><ul><li>Our reliance on forward guidance was excessive, we should be more modest with future guidance.</li><
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