European Central Bank (ECB) Vice President Luis de Guindos said in his speech on Wednesday, “for the euro area, the financial stability impact of the war has so far been relatively contained.”
“Speeding up the green transition is a key priority,” he added.
Market reaction
EUR/USD Is attempting a rebound to test 1.0900, although still loses 0.07% on the day. The above comments have little to no impact on the shared currency, thus far.
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EUR/USD to dip towards the 1.0750/1.0800 area into the weekend – ING
