ECB’s Centeno: Q4 growth in Europe will be mostly likely still positive

Dhwani Mehta FXStreet

European Central Bank (ECB) board member and Bank of Portugal Governor Mario Centeno said on Tuesday, “the fourth quarter growth in Europe will be most likely still positive.”

Additional quotes

“Economy has been surprising us quarter after quarter.”

“Maybe we'll also be surprised in the first half of this year.”

“There are no signs of second-round effects in Europe.”

Market reaction

EUR/USD is trading in a narrow range at around 1.0830, unfazed by the above comments. The spot is adding 0.11% on the day.

Author

Dhwani Mehta

FXStreet

Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

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