Jozef Makuch the Governor of the Bank of Slovenia and member of the ECB governing council has been on the news wires in the past few minutes. Makuch stated that he believes inflation is expected to end in negative figures this year. Tjere’s been little by way of market reaction the comments, which shouldn’t be that surprising.
The EURUSD is down 0.06% on the day, trading in a narrow range after Friday’s large gains. The main event of the day for this cross will be Fed chair Janet Yellen’ speech at 17:30
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