European Central Bank (ECB) Vice President Luis de Guindos on Tuesday said that the ECB’s monetary policy was data-dependent, not market-dependent and argued that they need to take the expectations that financial markets are pricing in with a pinch of salt, per Reuters. “There is a tight two-way relationship between central banks and financial markets,” De Guindos explained. “It is important for us to get the market view about where the economy stands, and where it is heading.” The EUR/USD pair’s reaction to these comments was subdued. As of writing, the pair was up 0.05% on the day at 1.1105. 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 Facebook outsources regulatory lobbying services for Libra project FX Street 4 years European Central Bank (ECB) Vice President Luis de Guindos on Tuesday said that the ECB's monetary policy was data-dependent, not market-dependent and argued that they need to take the expectations that financial markets are pricing in with a pinch of salt, per Reuters. "There is a tight two-way relationship between central banks and financial markets," De Guindos explained. "It is important for us to get the market view about where the economy stands, and where it is heading." The EUR/USD pair's reaction to these comments was subdued. As of writing, the pair was up 0.05% on the day at 1.1105. 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.
