Bundesbank's Dombret: Europe is struggling between easing short-term pain and committing to long-term reforms

Felipe Erazo FXStreet

Bundesbank's board member Andreas Dombret is hitting the wires, via Livesquawk, saying that Europe is struggling between easing short-term pain and committing to long-term reforms.

At the time of writing, EUR/USD is trading at 1.0736, up 0.24% on the day, having posted a daily high at 1.0778 and low at 1.0709.

Additional headlines:

The euro area economy is in much better shape, unemployment is at lowest level in 8-yrs
Europe is experiencing serious headwinds with regard to European integration

Author

Felipe Erazo

FXStreet

Born in Colombia, Felipe Erazo is the American Session Manager at FXStreet. He has been studying journalism with a degree in social communication at the Universidad de Chile.

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