The European Central Bank (ECB) Governing Council member Yannis Stournaras said on Wednesday, the risks to the Euro area economic growth are tilted to the downside. Additional quotes “Expects ECB to use all of its PEPP envelope.” “PEPP exit depends on the inflation outlook.” “Any further extension of the bank dividend ban depends on the virus situation.” Market reaction Despite the cautious comments, EUR/USD challenges highs near 1.1730 amid a broadly subdued US dollar ahead of the key Fed outcome. 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 GBP/USD: Portrays the pre-Fed trading lull above 1.2900 FX Street 3 years The European Central Bank (ECB) Governing Council member Yannis Stournaras said on Wednesday, the risks to the Euro area economic growth are tilted to the downside. Additional quotes “Expects ECB to use all of its PEPP envelope.” “PEPP exit depends on the inflation outlook.” “Any further extension of the bank dividend ban depends on the virus situation.” Market reaction Despite the cautious comments, EUR/USD challenges highs near 1.1730 amid a broadly subdued US dollar ahead of the key Fed outcome. 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.
