Home ECB’s Holzmann: Cannot rule out the possibility that ECB could implement new policy tools
FXStreet News

ECB’s Holzmann: Cannot rule out the possibility that ECB could implement new policy tools

The European Central Bank (ECB) governing council member, Robert Holzmann cross the wires in the last hour and said that there are indications for sustainable recovery from the middle of 2021.

Additional quotes:

  • Cannot rule out the possibility that ECB could implement new policy tools.
  • PEPP purchases worked, helped to lower spreads.
  • Lower deposit rates wouldn’t have an effect.
  • Sees asset bubble risk, no actual bubbles yet.

The comments did little to influence the EUR/USD pair, which held on to its modest gains above the 1.1900 mark and remains at the mercy of the USD price dynamics.

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.