ECB’s de Guindos: Inflation data practically in line with our projections
Source Fxstreet
In an interview with Europa Press on Tuesday, European Central Bank (ECB) Vice President Luis de Guindos said “inflation data practically in line with our projections.”
Additional quotes
Data-wise, September is a much more convenient month for taking decisions than July was.
Current level of uncertainty is huge, so we have to be prudent when taking decisions.
Will look particularly closely at wage developments.
Reelection of Ursula Von der Leyen is a confidence indicator as regards stability.
Outcome of French elections has created additional uncertainty.
Would like to see more cross-border banking M&A transactions because we want to have a single banking market.
Market reaction
At the press time, EUR/USD is grinding lower to near 1.0885, down 0.05% on the day.
Disclaimer: For information purposes only. Past performance is not indicative of future results.
Recommended Articles
As US-Iran talks and non-farm payrolls approach, Bitcoin's range-bound trend is set to break, with a potential drop to $50,000.On June 30, Bitcoin ( BTC) remained volatile near $60,000, u
June Non-Farm Payrolls Preview: Did White House Economic Advisor Give an Early Hint? How Will US Stocks, Dollar and Gold React? As June draws to a close, market attention is shifting to the upcoming U.S. June nonfarm payrolls report to be released this Thursday (July 2). This month's nonfarm payrolls data has been
As June draws to a close, market attention is shifting to the upcoming U.S. June nonfarm payrolls report to be released this Thursday (July 2). This month's nonfarm payrolls data has been
Japan’s Kihara: Always ready to take necessary action on forexJapan’s Chief Cabinet Secretary Minoru Kihara reiterated during a regularly scheduled press conference this Tuesday that officials he is always ready to take necessary action on forex. Kihara, however, refrained from commenting on specific forex level.
Japan’s Chief Cabinet Secretary Minoru Kihara reiterated during a regularly scheduled press conference this Tuesday that officials he is always ready to take necessary action on forex. Kihara, however, refrained from commenting on specific forex level.
Gold Price Forecast: Does Gold Falling Below $4,000 Mean the Bull Market Is Over? Will It Still Rise in the Second Half of 2026?Heading into the second half of 2026, the gold market has transitioned from a strong-performing asset at the start of the year into one pulling back from its highs. Recently, gold prices
Heading into the second half of 2026, the gold market has transitioned from a strong-performing asset at the start of the year into one pulling back from its highs. Recently, gold prices
As of the European session on June 29, WTI crude oil ( USOIL) prices fluctuated and weakened near $70.00. From a market perspective, affected by renewed clashes between the US and Iran, o
Related Instrument
