“G7 coordination, aimed to shield the global economy, is much appreciated,” European Central Bank Governing Council member and Slovak central bank chief Peter Kazimir tweeted out on Tuesday. “Important for ECB to remain alert, monitor situation. There’s no imminent need to act, but we’re ready to step in when and where necessary.” In the meantime, German Finance Minister Olaf Scholz noted that G7 has agreed to monitor the coronavirus situation very closely and added that the group has all the means on hand to counter a worldwide economic slowdown. EUR/USD reaction The EUR/USD pair largely ignored these comments and was last seen trading at 1.1112, erasing 0.18% on a daily basis. 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 AUD: Changing RBA Call To A Cut This Week; JPY: Prefer To Sell USD/JPY Rallies Than Chasing Lower – Citi Kenny Fisher 2 years "G7 coordination, aimed to shield the global economy, is much appreciated," European Central Bank Governing Council member and Slovak central bank chief Peter Kazimir tweeted out on Tuesday. "Important for ECB to remain alert, monitor situation. There’s no imminent need to act, but we’re ready to step in when and where necessary." In the meantime, German Finance Minister Olaf Scholz noted that G7 has agreed to monitor the coronavirus situation very closely and added that the group has all the means on hand to counter a worldwide economic slowdown. EUR/USD reaction The EUR/USD pair largely ignored these comments and was last seen… 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.
