European Central Bank (ECB) policymaker Olli Rehn was out with some comments in the last hour, saying that there is a risk that inflation will continue to remain too low and that the Eurozone will fall in a trap of slow growth, low inflation for a long time. Additional quotes: Corona crisis might slowdown productivity growth and inflation over the longer term. ECB averted the risk of outright deflation. The Fed’s new strategy will inevitably have an impact on the ECB. We are not operating in a vacuum. The comments did little to influence the shared currency or hinder the EUR/USD pair’s intraday bounce from 50-day SMA support. The pair was last seen trading around the 1.1800 mark, up around 60 pips from five-week lows touched earlier this Thursday. 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 to extend the downtrend without support from elected officials FX Street 1 year European Central Bank (ECB) policymaker Olli Rehn was out with some comments in the last hour, saying that there is a risk that inflation will continue to remain too low and that the Eurozone will fall in a trap of slow growth, low inflation for a long time. Additional quotes: Corona crisis might slowdown productivity growth and inflation over the longer term. ECB averted the risk of outright deflation. The Fed’s new strategy will inevitably have an impact on the ECB. We are not operating in a vacuum. The comments did little to influence the shared currency or hinder the… 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.
