“Going further on Pandemic Emergency Purchase Programme (PEPP) only make sense if we ensure its maximum effectiveness,” ECB Governing Council member François Villeroy de Galhau said on Monday. “We won’t let adverse market dynamics lead to unwarranted hikes in borrowing costs in some countries,” Villeroy added in an online speech to France’s Société d’économie politique. “Certain national central banks must be able to purchase significantly more, and others significantly less.” Market reaction The EUR/USD pair showed no reaction to these comments and was last seen trading unchanged on the day near 1.0900. 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/JPY: Longer term there is scope for a move toward 100 – CitiBank FX Street 3 years "Going further on Pandemic Emergency Purchase Programme (PEPP) only make sense if we ensure its maximum effectiveness," ECB Governing Council member François Villeroy de Galhau said on Monday. "We won't let adverse market dynamics lead to unwarranted hikes in borrowing costs in some countries," Villeroy added in an online speech to France's Société d’économie politique. "Certain national central banks must be able to purchase significantly more, and others significantly less." Market reaction The EUR/USD pair showed no reaction to these comments and was last seen trading unchanged on the day near 1.0900. 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.