ECB's Rehn: Core inflation is rather weak, accommodative policy is still needed

The European Central Bank (ECB) policymaker and the head of the Bank of Finland - Olli Rehn, was out on the wires in the last hour, saying that core inflation is rather weak and accommodative monetary policy is still needed.

Additional quotes:

   •  Having room to manoeuvre monetary policy in the next economic downturn is part of ECB's resilience.
   •  Reasonable to assume that unconventional policy tools are permanently at our disposal.

US: Core inflation to stay unchanged at 2.3% y/y – Danske Bank

US CPI inflation is due, which is getting more focus due to the tight labour market and still strong growth, according to analysts at Danske Bank.  K
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US Dollar Index finds support near 95.20

The greenback, in terms of the US Dollar Index (DXY), is trading on the defensive for yet another session although it appears to have found support in
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