ECB’s Centeno: Decision-makers should not rush to take pro-cyclical measures, Pivot Orderbook analysis
…
This is a premium post.
[s2If !current_user_can(access_s2member_level4)]Please register for PREMIUM VERSION HERE to read full post below containing analysis. In case of any error or you think you are not able to read the full post below, please email us at support#nehcap.com [lwa][/s2If] [s2If current_user_can(access_s2member_level4)]
Decision-makers should not rush to take pro-cyclical measures as inflation is expected to slowly diminish in the longer run, European Central Bank (ECB) Governing Council member Mario Centeno said on Thursday, as reported by Reuters.
This comment doesn’t seem to be having a noticeable impact on the shared currency’s performance against its major rivals. As of writing, the EUR/USD pair was down 0.4% on a daily basis at 1.0017.
Meanwhile, markets remain risk-averse with US stock index futures losing between 0.5% and 0.8% ahead of Wall Street’s opening bell.
[/s2If]
Join Our Telegram Group
