According to a Reuters report, citing unnamed sources, several ECB policymakers were said to have raised doubts over projections for a growth rebound in H2 2019 and even questioned the accuracy of the forecasting model.
The report further states that several ECB policymakers think the central bank's economic projections are too optimistic as growth weakness in China and trade tensions continue to linger.
The market reacted on the latest headlines and exerted some fresh downward pressure on the shared currency, dragging the EUR/USD pair further below the 1.1300 round figure mark.
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.