The European Central Bank’s governor Christine Lagarde has crossed the wires saying that she sees policy change in July and possible 2022 measures.
Lagarde was speaking on Bloomberg TV.
”PEPP may be followed by a transition into a new format,” she added.
The comments follow earlier comments from other officials as follows:
ECB’s Yannis Stournaras: Especially forceful or persistent monetary policy measures are required to safeguard price stability
EUR/USD technical analysis
From a technical basis, a correction to the 38.2% Fibo could find further demand for an hourly extension to the upside for the day ahead.