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
Financial Markets 2026: Volatility Catalysts in Gold, Silver, Oil, and Blue-Chip Stocks—A CFD Trader's OutlookGet a comprehensive financial market 2026 outlook exploring key economic drivers, volatility catalysts in gold, oil and stocks, and what the evolving economic outlook means for cfd trading strategies and risk management on global markets.
Get a comprehensive financial market 2026 outlook exploring key economic drivers, volatility catalysts in gold, oil and stocks, and what the evolving economic outlook means for cfd trading strategies and risk management on global markets.
Bitcoin Weekly Forecast: Is the month-long rally over?Bitcoin (BTC) edges slightly lower so far this week, trading at $80,800 on Friday after being rejected around the key overhead supply zone. Institutional investors also show cautious signs, with BTC spot Exchange Traded Funds (ETFs) recording an outflow of over $709 million through Thursday.
Bitcoin (BTC) edges slightly lower so far this week, trading at $80,800 on Friday after being rejected around the key overhead supply zone. Institutional investors also show cautious signs, with BTC spot Exchange Traded Funds (ETFs) recording an outflow of over $709 million through Thursday.
Australian Dollar softens to near 0.7200 as Trump and Xi set for second day of talks The AUD/USD pair attracts some sellers to near 0.7205 during the early Asian trading hours on Friday. Markets remain cautious ahead of the second day meeting between US President Donald Trump and Chinese President Xi Jinping in Beijing on Friday.
The AUD/USD pair attracts some sellers to near 0.7205 during the early Asian trading hours on Friday. Markets remain cautious ahead of the second day meeting between US President Donald Trump and Chinese President Xi Jinping in Beijing on Friday.
Gold edges higher to near $4,700 as Trump-Xi summit loomsGold price (XAU/USD) trades in positive territory near $4,700 during the early Asian session on Thursday. The precious metal edges higher as markets turn cautious ahead of the US President Donald Trump-Chinese President Xi Jinping summit in Beijing.
Gold price (XAU/USD) trades in positive territory near $4,700 during the early Asian session on Thursday. The precious metal edges higher as markets turn cautious ahead of the US President Donald Trump-Chinese President Xi Jinping summit in Beijing.
Inflation 'High Fever' Fails to Stop Rally? BTC Temporarily Loses 80,000 Mark, But Arthur Hayes Sees Peak of $126,000CPI data exceeding expectations triggered Bitcoin's drop below $80,000, yet the BitMEX co-founder remains firmly bullish on BTC.On May 13, Bitcoin ( BTC) prices experienced a correction f
CPI data exceeding expectations triggered Bitcoin's drop below $80,000, yet the BitMEX co-founder remains firmly bullish on BTC.On May 13, Bitcoin ( BTC) prices experienced a correction f
Related Instrument
