The economic recovery in the euro area remains very uncertain, uneven and incomplete, Christine Lagarde, President of the Europen Central Bank (ECB), said on Monday. “At the same time, the uncertainty of the current environment requires a very careful assessment of the incoming information, including developments in the exchange rate,” Lagarde reiterated. “We judge that the economy still needs that support if the recovery is to continue and strengthen further.” Market reaction The EUR/USD pair continued to push lower following these comments and was last seen losing 0.57% on a daily basis at 1.0770. 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 Gold drops to near two-week lows, around $1920 region FX Street 1 year The economic recovery in the euro area remains very uncertain, uneven and incomplete, Christine Lagarde, President of the Europen Central Bank (ECB), said on Monday. "At the same time, the uncertainty of the current environment requires a very careful assessment of the incoming information, including developments in the exchange rate," Lagarde reiterated. "We judge that the economy still needs that support if the recovery is to continue and strengthen further." Market reaction The EUR/USD pair continued to push lower following these comments and was last seen losing 0.57% on a daily basis at 1.0770. Top 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.
