Comments by ECB vice president Luis de Guindos
- Consumption remains quite positive
- Downside risks have become more prominent
- Back to normal after unusually high growth in 2017
- Still on course for ECB policy normalisation
Still looks very much like they'll be brushing aside the slowdown as temporary until they can get QE out of the way by the end of this year. EUR/USD still trades just off the lows at 1.1259 currently. EUR/GBP off the highs slightly at 0.8760.
