ECB's Villeroy: Policy is accommodative and attentive
|As the economic situation stabilises in the eurozone, so will the monetary policy, European Central Bank (ECB) Governing Council member Francois Villeroy de Galhau said on Friday, as reported by Reuters.
"We are seeing the beginning of stabilisation in the eurozone," Villeroy further added. "The monetary policy is accommodative and attentive."
These comments had little to no impact on the shared currency's performance. As of writing, the EUR/USD pair was trading at 1.1180, adding 0.45% on a daily basis. Earlier in the day, the pair touched the 1.12 mark for the first time since August.
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.