European Central Bank (ECB) Governing Council member Paolo Hernandez de Cos on Tuesday said that interest rates were expected to stay at low levels for longer in many countries, per Reuters. “In the current global macroeconomic context, banks’ low profitability and appetite for risk-taking are among the main challenges for lenders,” de Cos explained. “Slowing global economy and geopolitical uncertainties could have an impact on financial stability in Spain.” As of writing, the EUR/USD pair was posting modest daily gains above the 1.1050 mark. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next CFTC Positioning Report: USD net longs in multi-month lows FX Street 3 years European Central Bank (ECB) Governing Council member Paolo Hernandez de Cos on Tuesday said that interest rates were expected to stay at low levels for longer in many countries, per Reuters. "In the current global macroeconomic context, banks' low profitability and appetite for risk-taking are among the main challenges for lenders," de Cos explained. "Slowing global economy and geopolitical uncertainties could have an impact on financial stability in Spain." As of writing, the EUR/USD pair was posting modest daily gains above the 1.1050 mark. Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
