ECB ready for further measures says ECB's Liikanen via ForexLive

• ECB won't endanger price stability
• ECB wants banks to boost corporate lending
• ECB mandate puts no limit on non conventional policy tools as price stability isn't in danger

The Ukraine news will be helping risk trades but this has added to the euro gains as Finland's central bank governor, and ECB board member, Erkki Liikanen primes the market ahead of the ECB announcement on Thursday.

He was speaking in Finnish newspaper Kauppalehti

We've got to be careful now with any new/extra ECB action as the market may take it as a positive and push the euro up. If we get a rate cut then down she goes but announcing QE may have the opposite effect, depending on the details.

posted via ForexLive