ECB’s de Guindos: It's premature to discuss rate cuts
|European Central Bank (ECB) Vice President Luis de Guindos said on Wednesday, “central bank will not prejudge further movements in the policy rate.”
Additional quotes
Haven't seen extreme moves in bond spreads.
It's premature to discuss rate cuts.
ECB is data-dependent and policy communication is very clear.
Markets' soft-landing hopes may be a bit optimistic.
Market reaction
EUR/USD is unfazed by the above comments, still holding its range around 1.0900, as of writing.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.