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ECB’s Visco: Fiscal, monetary policies have to remain accommodative

“We won’t be back to the pre-COVID-19 situation for a couple of years,” the European Central Bank (ECB) Governing Council member Ignazio Visco said on Friday, adding that the fiscal and monetary policies, therefore, have to remain accommodative.

Additional comments

“Have to avoid too early withdrawal of policy.”

“Seeing better Q3 Italian data than expected

US Dollar Index: Range-bound with conflicting currents – MUFG

USD remains range-bound for now as the DXY index is trading toward the top of the 92.000-94.000 range that has held for most of the period since towar
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GBP/USD sits near daily tops, just below mid-1.2900s

The GBP/USD pair managed to rebound around 65-70 pips from intraday swing lows and refreshed daily tops, around mid-1.2900s during the early European
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