FXStreet (Edinburgh) – The recent performance of the single currency will be in the limelight today in light of the speech by ECB V.Constancio.
Key Quotes
“ECB’s Constancio is speaking today around noon”.
“The ECB is under pressure from the sharp drop in BEI but also the strengthening of the EUR is likely to be a concern”.
“With both Jackson Hole and next week’s ECB meeting coming up, market attention is set to centre on whether and how the ECB will respond to de-anchoring market inflation expectations”.
(Market News Provided by FXstreet)