Euro-zone economic conditions have improved - ECB's Praet

Haresh Menghani FXStreet

Speaking at a conference in London Peter Praet, member of the Executive Board of the European Central Bank (ECB), was noted saying that Euro-zone economic conditions have improved.

Additional Headlines:

• sees firm and broadening growth
• recovery in economy still dependent on supportive monetary policy
• European economies are still fundamentally fragile
• no room for complacency
• we have to minimize the negative effects of Brexit

Meanwhile, the EUR/USD pair traded with mild bearish bias around mid-1.0500s in a directionless trading session on Thursday.

Author

Haresh Menghani

FXStreet

Haresh Menghani is a detail-oriented professional with 10+ years of extensive experience in analysing the global financial markets.

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