Home » Currency Note » Currency Note » Currency Note EUR » EUR: Lane hints at further stimulus from ECB

On a quiet day for economic data, the focus in the Eurozone has been on a series of speeches, with the ECB’s Philip Lane telling a conference yesterday that the ECB is ‘not at a limit as of yet’ in regards to monetary policy. He seemed to call for further policy intervention, saying that they should be discussing which policies would result in the economy growing faster.

Meanwhile, Luis de Guindos warned that continuing low interest rates would likely have an impact on banks’ profitability, but the comments had little impact on the markets. He previously said last week that he believed that Europe is only facing a ‘very low’ risk of entering recession, although growth is ‘below potential’.

Find out how we can help you

Let us know a little more about your upcoming currency exchange needs. We aim to take the uncertainty away by providing guidance on which services suit your individual requirements. You can then rest, assured your money is not at the mercy of the currency markets.

Secure and efficient transfers

Secure, quick and efficient transfers. Authorised by the FCA.

Protect against risk

Avoid losing money and protect against currencies moving against you.

Dedicated trader

Dedicated currency trader working with you to get the best value for your money.

Refer a friend or business

Recommend our services to your friends, family or colleagues and earn great rewards.