Home ECB’s Vasiliauskas: Latest ECB monetary policy decision was well-timed
FXStreet News

ECB’s Vasiliauskas: Latest ECB monetary policy decision was well-timed

While speaking at an event in Warsaw on Friday,  European Central Bank (ECB) Governing Council member Vitas Vasiliauskas argued that the latest ECB monetary policy decision was well-timed and was a “preventive” measure.  

Vasiliauskas further noted that divergences with the ECB’s Governing Council were expected.

The shared currency ignored these comments and the EUR/USD pair was last seen trading at 1.1115, up 0.1% on a daily basis. Despite today’s subdued trading action, the pair remains on track to snap its three-week winning streak as it’s losing more than 40 pips on the weekly chart.

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.