“The ground for the recovery of the euro zone is getting firmer and firmer,” he said on Tuesday. Klaas Knot, member of the governing council of the European Central Bank (ECB), as reported by Reuters.
Featured statements
“The ground for the recovery of the euro area is getting firmer and firmer.”
“High-frequency data shows that the service sector is catching up.”
“The downside risks will gradually fade.”
“The outlook is pretty bright.”
Market reaction
These comments do not appear to have a significant impact on the performance of the shared currency against its rivals. At the time of writing, the pair EUR/USD it was up 0.3% on the day at 1.2165.
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