European Central Bank (ECB) Vice President Luis de Guindos stated on Friday that “we do no longer have any estimates of the terminal rate.”
He stated that “Eurozone slowdown is no longer ample to manipulate inflation.”
On Thursday, Guindos stated that “the euro region is now going through a difficult outlook.”
Market reaction
At the press time, EUR/USD is on the protective round 0.9980, retaining its vary play intact under parity beforehand of the US data.