BOF governor and ECB governing council member Villeroy on the wires 27 Oct
- ECB to use all tools in progressive normalization
- decision to reduce bond buys is justified by confidence that inflation will gradually converge towards ECB's 2% target
EURUSD unfazed at 1.1625 but EURGBP higher at 0.8880 and pushing GBPUSD below 1.3100.
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