Jose Manuel Campa, Chairman of the European Banking Authority (EBA), warned in the German Handelsblatt newspaper, “the dangers in the economic gadget stay very high.”
Additional takeaways
“Rising pastime costs persisted to weigh on economic markets.”
“The European Union regulator was once monitoring unrealized losses in banks’ stability sheets closely.”
Market reaction
EUR/USD Is unfazed by means of the EBA’s warning, as it holds 0.17% greater on the day at round 1.0815, as of writing.
