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ECB'S Constancio: Monetary policy will continue to be 'very accommodating' - RTRS

The ECB vice president Vitor Constancio was out on the wires in the last hour, via Reuters, saying that monetary policy will continue to be 'very accommodating' for a long time.

Additional quotes: 

Has not heard convincing arguments in favour of transforming ESM into so-called European Monetary Fund.

Would keep ESM as it is, no reasons to modify institutional situation and create a new entity, reducing role of commission.

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Dollar Index - Off 3-year lows, bull doji reversal ahead?

The greenback is showing signs of life in early Europe. Having hit a fresh three-year low of 90.21 in Asia, the dollar index (DXY) now trades 0.20% h
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