'Inflation target may be reached sooner than last projections indicated,' commented European Central Bank (ECB) Executive Board member Piero Cipollone.
Following Friday's remarks from Stournaras that "everything points to another cut in April," ECB members continue their dovish tone into the new week. According to Piero Cipollone, the potential of the European GDP should not be underestimated.
Start investing today or test a free demo
Create account Try a demo Download mobile app Download mobile app
EURUSD gave up some of its recent gains after the dovish signals from the ECB intensified. Source: xStation5
This content has been created by XTB S.A. This service is provided by XTB S.A., with its registered office in Warsaw, at Prosta 67, 00-838 Warsaw, Poland, entered in the register of entrepreneurs of the National Court Register (Krajowy Rejestr Sądowy) conducted by District Court for the Capital City of Warsaw, XII Commercial Division of the National Court Register under KRS number 0000217580, REGON number 015803782 and Tax Identification Number (NIP) 527-24-43-955, with the fully paid up share capital in the amount of PLN 5.869.181,75. XTB S.A. conducts brokerage activities on the basis of the license granted by Polish Securities and Exchange Commission on 8th November 2005 No. DDM-M-4021-57-1/2005 and is supervised by Polish Supervision Authority.
