The deflationary risks to the Eurozone are balanced but the European Central Bank (ECB) needs to deploy pre-emptive measures to avoid a costly recovery, the Governing Council member Peter Kazimir said on Wednesday. “Easy monetary policy was likely to stay for an extended period, especially as the coronavirus pandemic has brought about a period of extraordinary volatility,” Kazimir added. Market reaction EUR/USD is testing critical support at 1.1700, undermined by comments from President Lagarde and disappointing US Presidential election debate. 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 EUR/USD: Downtrend at 1.1804 to cap the rebound – Credit Suisse FX Street 2 years The deflationary risks to the Eurozone are balanced but the European Central Bank (ECB) needs to deploy pre-emptive measures to avoid a costly recovery, the Governing Council member Peter Kazimir said on Wednesday. “Easy monetary policy was likely to stay for an extended period, especially as the coronavirus pandemic has brought about a period of extraordinary volatility,” Kazimir added. Market reaction EUR/USD is testing critical support at 1.1700, undermined by comments from President Lagarde and disappointing US Presidential election debate. 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.
