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European Central Bank’s President Christine Lagarde speaks in Washington, DC. A firmer upside momentum now lifts EUR/USD pair to the area of daily highs near 1.0680.
Earlier on Wednesday, Lagarde tweeted saying, “Later today I will be speaking at the Council on Foreign Relations about the European economy and implications of international conflicts for the global economy”.
Key Quotes
Growth in Europe is mediocre, much slower than in the US
We’re clearly seeing timid signs of recovery
The game (of fighting inflation) is not over
