By Jeremy Boulton — May 06 - 05:55 AM
Key ECB rate should be back in positive territory by year end: Villeroy
Villeroy also concerned about the weakness of the euro nL3N2WX378
EUR/USD reacts rising from 1.0500 to 1.0582 EBS
Rise from 1.0483 low followed similar talk from IFO head nL6N2WY02W
ECB Nagel also talking about policy change this year nS8N2UQ06D
With ECB chasing Fed there's scope for a deeper drop
The next major downside target is 1.0250
EURUSD Click here
Source:
Refinitiv IFR Research/Market Commentary