European Central Bank (ECB) Vice President Luis de Guindos, who earlier today said that the ECB’s monetary policy was data-dependent, in the last minutes said that they are going to have low rates for a long time. When asked about the bank potentially using negative interest rates, “The ECB has to act with determination,” De Guindos responded. The shared currency seems to be facing a modest pressure on these remarks with the EUR/USD pair erasing its daily gains and turning flat at 1.1100. 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 Eurozone: Potential for fiscal stimulus – ABN AMRO FX Street 4 years European Central Bank (ECB) Vice President Luis de Guindos, who earlier today said that the ECB's monetary policy was data-dependent, in the last minutes said that they are going to have low rates for a long time. When asked about the bank potentially using negative interest rates, "The ECB has to act with determination," De Guindos responded. The shared currency seems to be facing a modest pressure on these remarks with the EUR/USD pair erasing its daily gains and turning flat at 1.1100. 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.