“The European Central Bank (ECB) is analyzing existing instruments before looking for new tools“said the member of the Executive Board of the ECB on Monday, Yves Mersch, regarding additional stimulus measures in December, Reuters reported.
“For now, there is no intention to change supranational buying limits“Mersch added.
Market reaction
These comments do not appear to have a significant impact on the performance of the shared currency against its rivals. At time of writing, the EUR / USD pair is trading at 1.1830, where it is virtually unchanged on the day.
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