ECB’s Centeno: Inflation should ease if current atypical effects diminish

The European Central Bank (ECB) policymaker Mario Centeno was on the wires, via Reuters, in the last hour, making some comments on Eurozone’s economic and inflation outlook.

Key quotes

“Inflation should ease if current atypical effects diminish.”

“See signals of easing in growth momentum.”

Market reaction

Amid unabated US dollar demand, EUR/USD is flirting with fresh yearly lows near mid-1.1500s.

The main currency pair is dropping 0.35% on the day, trading at 1.1555, at the time of writing.