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23 Feb 2017
Euro-zone economic conditions have improved - ECB's Praet
During his speech on - ‘Creating Stability In An Uncertain World’, Peter Praet, member of the Executive Board of the European Central Bank (ECB), was noted saying that Euro-zone economic conditions have improved.
Additional Headlines:
• sees firm and broadening growth
• recovery in economy still dependent on supportive monetary policy
• European economies are still fundamentally fragile
• no room for complacency
• we have to minimize the negative effects of Brexit
Meanwhile, the EUR/USD pair traded with mild bearish bias around mid-1.0500s in a directionless trading session on Thursday.