ECB's de Guindos: Central bank could again revise upwards macroeconomic projections

Dhwani Mehta FXStreet

The European Central Bank (ECB) could again revise upwards macroeconomic projections for Eurozone in a few days, the central bank’s Vice President Luis de Guindos said in a scheduled speech on Wednesday.

“Third quarter indicators are positive,” he added.

Market reaction

EUR/USD is holding the higher ground around 1.1750, looking for fresh daily highs amid upbeat comments from the ECB Vice President.

The pair is now trading at 1.1752, almost unchanged on the day.

Author

Dhwani Mehta

FXStreet

Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

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