- ECB ought to begin slicing charges in June if inflation continues to gradual as anticipated
- However to observe data-dependent method at every assembly contemplating that uncertainty remains to be excessive
Nothing new there from de Cos. This simply reaffirms the present ECB outlook and the information at the moment doesn’t change that. EUR/USD is sitting marginally increased on the day at 1.0728 at present.
This text was written by Justin Low at www.forexlive.com.
