Eurozone Inflation on Target And Ahead of Projections, Dovish Signals From The ECB
‘Inflation target may be reached sooner than last projections indicated,’ commented European Central Bank (ECB) Executive Board member Piero Cipollone.
Following Friday’s remarks from Stournaras that “everything points to another cut in April,” ECB members continue their dovish tone into the new week. According to Piero Cipollone, the potential of the European GDP should not be underestimated.
EURUSD gave up some of its recent gains after the dovish signals from the ECB intensified. Source: xStation5
The material on this page does not constitute financial advice and does not take into account your level of understanding, investment objectives, financial situation or any other specific needs. All information provided, including opinions, market research, mathematical results and technical analyzes published on the Website or transmitted To you by other means, it is provided for information purposes only and should in no way be construed as an offer or solicitation for a transaction in any financial instrument, nor should the information provided be construed as advice of a legal or financial nature on which any investment decisions you make should be based exclusively To your level of understanding, investment objectives, financial situation, or other specific needs, any decision to act on the information published on the Website or sent to you by other means is entirely at your own risk if you In doubt or unsure about your understanding of a particular product, instrument, service or transaction, you should seek professional or legal advice before trading. Investing in CFDs carries a high level of risk, as they are leveraged products and have small movements Often the market can result in much larger movements in the value of your investment, and this can work against you or in your favor. Please ensure you fully understand the risks involved, taking into account investments objectives and level of experience, before trading and, if necessary, seek independent advice.
