European Central Bank (ECB) Vice President, Luis de Guindos, in a Financial Times (FT) interview on Monday, dismissed rate cuts and said that “getting
Vice President, Luis de Guindos, in a Financial Times interview on Monday, dismissed rate cuts and said that “getting back to the 2% target of inflation will not be easy.”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.
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The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.AUD/USD is falling back toward 0.6400 in the Asian session on Monday, The pair failed to find any inspiration from the mostly upbeat Chinese business PMIs. A fresh uptick in the US Treasury bond yields and a mixed mood are weighing on the Aussie amid a China holiday. USD/JPY is extending gains toward 150.00, flirting with fresh 11-month highs in Asian trading on Monday.
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