ECB's Kocher says they don't see much strength in the EUR, adding that FX remains relatively stable recently

• EUR rate is not a strong anchor for ECB decision making.

The ECB's Kocher indicating a lack of strength in the EUR suggests that the currency's fluctuations are not influencing upcoming policy decisions significantly. This stability might point towards a more cautious approach from the ECB regarding future rate movements, impacting market expectations for both the EUR and fixed income assets.