European Central Bank (ECB) Governing Council member François Villeroy de Galhau said on Tuesday that he disagrees with suggestions ECB should provide a quantitative definition of “favourable financing conditions” or should introduce yield curve control, per Reuters. Additional takeaways “The time to exit from exceptional measures has not yet arrived.” “Flexible average inflation targeting leaves many questions unanswered.” “I prefer strengthened, non-linear forward guidance, mentioning explicitly tolerance for inflation overshooting.” Market reaction The EUR/USD pair showed no immediate reaction to these comments and was last seen gaining 0.17% on a daily basis at 1.1931. 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 USD/CAD pares daily gains amid renewed USD weakness, trades near 1.2560 FX Street 2 years European Central Bank (ECB) Governing Council member François Villeroy de Galhau said on Tuesday that he disagrees with suggestions ECB should provide a quantitative definition of "favourable financing conditions" or should introduce yield curve control, per Reuters. Additional takeaways "The time to exit from exceptional measures has not yet arrived." "Flexible average inflation targeting leaves many questions unanswered." "I prefer strengthened, non-linear forward guidance, mentioning explicitly tolerance for inflation overshooting." Market reaction The EUR/USD pair showed no immediate reaction to these comments and was last seen gaining 0.17% on a daily basis at 1.1931. 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.
