In an exclusive interview with Reuters on Monday, European Central Bank (ECB) Governing Council member and Slovenian central bank chief BoÅ¡tjan Vasle said there was no reason to alter the eurozone growth prospects and noted that the economy was developing in line with the ECB’s projections. “We are in a situation where the business cycle is in the late phase, the economic situation is deteriorating and our monetary policy is quite stretched at the moment,” Vasle explained. “What we decided in September, is working. If the situation changes, there is still room to go in that direction (of lower rates).” These comments had little to no impact on the EUR/USD pair, which was last seen trading at 1.1060. 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 Global growth outlook boosted – Deutsche Bank FX Street 3 years In an exclusive interview with Reuters on Monday, European Central Bank (ECB) Governing Council member and Slovenian central bank chief BoÅ¡tjan Vasle said there was no reason to alter the eurozone growth prospects and noted that the economy was developing in line with the ECB's projections. "We are in a situation where the business cycle is in the late phase, the economic situation is deteriorating and our monetary policy is quite stretched at the moment," Vasle explained. "What we decided in September, is working. If the situation changes, there is still room to go in that direction (of lower rates)."… 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.
