ECB’s de Guindos: Likely that we will see negative growth rates in Q4 2022

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ECB’s de Guindos: Likely that we will see negative growth rates in Q4 2022

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    “It is very likely that we will see negative growth rates in the fourth quarter in the Eurozone,” European Central Bank (ECB) Vice President Luis de Guindos said on Wednesday.

    EUR/USD is receding from intraday highs of 1.0349 following the above comments and mixed French S&P Global Preliminary PMIs. The pair is still up 0.33% on the day.

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