Spanish ECB Governing Council member Jose Luis Escriva stressed caution in an interview published Sunday, highlighting uncertainty in the economic outlook. He stated that it is “very difficult to gauge the impact of events that are unfolding”, emphasizing the need to “wait for doubts around certain issues to be cleared” before making monetary policy adjustments. […]
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Key Highlights EUR/USD started a consolidation phase from the 1.0515 resistance. A key bullish trend line is forming with support at 1.0420 on the 4-hour chart. GBP/USD is showing positive signs above the 1.2560 support. Read more…
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