While delivering a lecture at the University Menendez Pelayo on Tuesday, the European Central Bank (ECB) Vice President Luis De Guindos said that the European banks are unlikely to recover until 2022. The rate of economic recovery will be a fundamental factor in European banks’ solvency, he added. Market reaction The above comments have little to no impact on the euro, as EUR/USD remains at the mercy of the dollar dynamics. At the press time, the spot trades close to 2020 highs of 1.1916, up 0.32% on a daily basis. 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 Sugar, coffee and cocoa demand from end users remains weak, prices pressured – ABN Amro FX Street 2 years While delivering a lecture at the University Menendez Pelayo on Tuesday, the European Central Bank (ECB) Vice President Luis De Guindos said that the European banks are unlikely to recover until 2022. The rate of economic recovery will be a fundamental factor in European banks' solvency, he added. Market reaction The above comments have little to no impact on the euro, as EUR/USD remains at the mercy of the dollar dynamics. At the press time, the spot trades close to 2020 highs of 1.1916, up 0.32% on a daily basis. 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.
