European Central Bank (ECB) Vice President Luis de Guindos said in a newspaper interview on Wednesday, the central bank is ready to recalibrate unconventional measures and plans against coronavirus pandemic. Additional quotes “Main antidote to pandemic will not be monetary policy but rather government reforms, fiscal policies.” “Worried about two-speed recovery in Europe after coronavirus pandemic.” Market reaction Despite the ECB policymakers noting that the central bank stands ready to do whatever it takes to boost the economy; the shared currency remains unimpressed. At the press time, EUR/USD drops 0.10% to prints fresh session lows at 1.1216. 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 China to announce reciprocal restrictions on US media branches in the country – Global Times FX Street 2 years European Central Bank (ECB) Vice President Luis de Guindos said in a newspaper interview on Wednesday, the central bank is ready to recalibrate unconventional measures and plans against coronavirus pandemic. Additional quotes “Main antidote to pandemic will not be monetary policy but rather government reforms, fiscal policies.” “Worried about two-speed recovery in Europe after coronavirus pandemic.” Market reaction Despite the ECB policymakers noting that the central bank stands ready to do whatever it takes to boost the economy; the shared currency remains unimpressed. At the press time, EUR/USD drops 0.10% to prints fresh session lows at 1.1216. 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.
