- If greater action is needed due to incoming data, we have the capacity and willingness to act accordingly
- Given the present uncertainty, it would be a mistake to set an end date for the ECB’s pandemic response
Some token remarks by Villeroy, as we have seen from most ECB speakers this week. All of this is mainly to reaffirm that they are still in a wait-and-see approach and will only consider more action should there be material downside to incoming economic data.
Based on the graph above I found that on the top of the list we got Lean Hogs and Coffee today and on the bottom Lumber and Gasoline RBOB.
Resistance: 1,1760 and 1,1830
Support level: 1,1700
The material has been provided by InstaForex Company – www.instaforex.com
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