The forward guidance on interest rates and asset purchases act as an “effective automatic stabiliser,” European Central Bank President Christine Lagarde said on Wednesday. “The environment facing European businesses today is characterised by both uncertainty in the short term and a changing landscape in the longer term,” Lagarde explained. “Short-term uncertainties are mainly related to global risks – trade, geopolitical and now the outbreak of the coronavirus.” Lagarde further reiterated that climate change will be a key part of the ongoing strategy review. EUR/USD reaction The EUR/USD pair largely ignored these comments and was last seen trading at 1.1020, down 0.2% 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 Bitcoin dominance hit the lowest level since July 2019, is it an altseason? FX Street 2 years The forward guidance on interest rates and asset purchases act as an "effective automatic stabiliser," European Central Bank President Christine Lagarde said on Wednesday. "The environment facing European businesses today is characterised by both uncertainty in the short term and a changing landscape in the longer term," Lagarde explained. "Short-term uncertainties are mainly related to global risks – trade, geopolitical and now the outbreak of the coronavirus." Lagarde further reiterated that climate change will be a key part of the ongoing strategy review. EUR/USD reaction The EUR/USD pair largely ignored these comments and was last seen trading at 1.1020, down 0.2%… 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.
