European Central Bank (ECB) board member and Bank of Portugal Governor Mario Centeno said on Tuesday, “the fourth quarter growth in Europe will be most likely still positive.”
“Economy has been surprising us quarter after quarter.”
“Maybe we'll also be surprised in the first half of this year.”
“There are no signs of second-round effects in Europe.”
EUR/USD is trading in a narrow range at around 1.0830, unfazed by the above comments. The spot is adding 0.11% on the day.