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ECB's Draghi: we aren’t there yet on inflation

More comments coming out of the ECB President Mario Draghi's scheduled speech at the ECB Youth Dialogue at Trinity College, in Dublin:

Key quotes (via LiveSquawk):

   •  We aren’t there yet on inflation
   •  We haven’t seen much financial stability risks
   •  Financial system much more resilient thanks to reforms
   •  Local imbalances shouldn’t be addressed by monetary policy

Meanwhile, the EUR/USD pair quickly retreated around 15-20 pips from session tops touched in the aftermath of upbeat Euro-zone PMI prints.

Eurozone economy surges ahead in September - ING

Eurozone PMI beat expectations by some distance, coming in at 56.7, up from 55.7 as economic performance does not seem to be a barrier to an ECB taper
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USD/CHF pullbacks expected to hold around 0.9640 – Commerzbank

Occasional dips in USD/CHF are seen holding around the 0.9640 area, suggested Karen Jones, Head of FICC Technical Analysis at Commerzbank. Key Quotes
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