The member of the European Central Bank and Governor of the Bank of France, Francois Villeroy de Galhau, has made statements in the last hour in which he has ensured that the PEPP program will continue until at least March 2022.
Featured statements:
Comments on a reduction in the PEPP are purely speculative.
The Monetary policy will remain accommodative even if the PEPP program is relaxed.
The interest rates are still very favorable today to economic activity.
The comments have had little impact on the common currency and have given no boost to the EUR / USD pair, which is currently trading above 1.2137, gaining 0.07% daily.
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