ECB’s Lane: Inflation is significantly volatile amid the pandemic

Inflation is significantly volatile amid the pandemic but it remains low overall, the European Central Bank (ECB) Chief Economist Phillip Lane said in an interview on Thursday.

Additional comments

“Favourable financing conditions must be maintained.”

“Prices are driven by several special factors at the moment.”

“Monetary policy will not be swayed by that.”

EUR/USD nears 200-DMA

EUR/USD is gaining some ground in early Europe, looking to recapture 200-DMA at 1.1890. The above comments fail to have any impact on the euro.

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.

Feed news

Get Weekly Crypto trade ideas!  
Empower yourself with the best market insights

Join FXStreet Premium!    

Latest Forex News

Latest Forex News

Editors’ Picks

EUR/USD jumps above 1.20 on upbeat market mood

EUR/USD has jumped above 1.20, hitting the highest since March amid a risk-on mood and falling US yields. An uptick in EU vaccination rates is also boosting sentiment.


GBP/USD advances toward 1.39 as US yields drop

GBP/USD is on the rise as falling US yields drag the euro down. Britain's successful vaccination campaign and an optimistic market mood also support cable.


XAU/USD retreats from two-month tops, slides to $1,770 region

Gold struggled to capitalize on its intraday positive move to near two-month tops. A goodish pickup in the US bond yields prompted some selling around the metal. Sustained USD selling should help limit any deeper losses amid a softer risk tone.

Gold News

Ripple price takes point in recovering weekend crash losses

BTC price has recovered only 8.5% since its crash, while ETH and XRP have surged 18% and 32%, respectively. ETH price and BTC face headwinds stalling their upswings while XRP bulls hint at a positive outlook. XRP price could surge 30% due to the presence of a strong foothold at $1.34.

Read more

S&P 500 Week Ahead: Banks beat the street, COIN booms as funds flow to ETFs

Equity markets continue to remain bolstered from all sides as the macro environment produces strong numbers, earnings continue to smash estimates and inflation concerns take a back seat. Earnings season switches from bank stocks to reopening plays.

Read more