Minutes of the ECB meeting

The publication of the June ECB protocol was restrained amidst other events. The protocol itself turned out to be very restrained and to a greater extent carried pigeon rhetoric. Thus, comments on the possibility of extending the incentive program in the euro area remain key in this protocol. This position of the ECB is caused by risks associated with protectionism, financial risks and trade relations.

As a result, the euro continued to decline against the US dollar. The pressure on the single currency is on the part of the growing US dollar, which is growing on maintaining optimism caused by the possibility of two increases in the rates of the US Federal Reserve.

EUR / USD Chart. Current price – 1.1660

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Hanzenko Anton

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