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  • Lagarde: Hearing at the Committee on Economic and Monetary Affairs of the European Parliament

    From ecb.europa.eu

    Madam Chair, Honourable members of the Economic and Monetary Affairs Committee, Ladies and gentlemen, I am very happy to be back before this Committee for my first regular hearing as ECB President. I want to express my personal and sincere gratitude to this house for the support I received during the appointment process. And I look forward to a constructive and positive relationship between our two institutions going forward. The connection between the ECB and the European Parliament is especially valuable today as a means to reinforce trust in European institutions. In the euro area, support for the single currency ... (full story)

too long, i didn't see anything especial in favor of eur. it was mainly about keeping on expansionary monetary policy. it's better to wait for us data.
USD fall because of chinese US army ban from Honking
Review new MonPol strategy?
Euro area growth remains weak, with gross domestic product growing by only 0.2%, quarter on quarter, in the third quarter of 2019. This weakness has been mainly due to global factors.

The world economy outlook remains sluggish and uncertain. This lowers demand for euro area goods and services and also affects business sentiment and investment.
Quoting rashadali
USD fall because of chinese US army ban from Honking
USD is down, because it was topping last week, until friday. Pure technical so far.
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