ECB's Constancio concerned about prolonged low inflation in th Eurozone

FXStreet (Łódź) - ECB Vice President Vitor Constancio said on Wednesday following the publication of the central bank's Financial Stability Review that financial stability in the Eurozone was not the main concern currently and that the stubbornly low inflation was a more serious issue, to be discussed at next week's meeting.

“Any ECB measures would go in the same direction,” Constancio stated.

GBP/USD completes 100-pip decline to test 1.6700

The Sterling is trading under pressure on Wednesday as a major demand of EUR/GBP amid semi-annual UK payment to the EU is driving the pound down.
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AUD/USD extends decline below 0.9220

The Aussie is extending its decline from 0.9270 priced overnight to break below the 0.9220 area and to reach intra-week lows around 0.9215.
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