Tim Riddell, Research Analyst at Westpac, suggests that ECB’s policy meetings are always of interest as they provide insight to the Governing Council’s thought process. Key Quotes “The apparent easing of trade tensions is a positive for the region, but is merely likely to alleviate risks rather than subdue medium term concerns over the moderation of EU growth in 2018 and the rise of internal political dissent.” “That dissent is likely to resurface in September. Inflation remains benign and forward looking surveys suggest that moderation is set to continue in 2H’18. Benign inflation partly reflects a lack of retail demand in Germany, despite solid confidence and so ECB should remain unchanged in its guidance.” “Trump’s apparent shift should alter near term risk sentiment and the potential for interim position squeezes, favouring EUR rebounds. Nevertheless, the difference in rate projections, given the ECB’s extended guidance, should cap EUR/USD rebounds and underscore resistance around 1.19.” 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 Skrill digital wallet supports buying and selling of cryptocurrencies: The market remains in the green FX Street 5 years Tim Riddell, Research Analyst at Westpac, suggests that ECB's policy meetings are always of interest as they provide insight to the Governing Council's thought process. Key Quotes "The apparent easing of trade tensions is a positive for the region, but is merely likely to alleviate risks rather than subdue medium term concerns over the moderation of EU growth in 2018 and the rise of internal political dissent." "That dissent is likely to resurface in September. Inflation remains benign and forward looking surveys suggest that moderation is set to continue in 2H'18. Benign inflation partly reflects a lack of retail demand… 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.
