Central bank could again revise upwards macroeconomic projections

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The European Central Bank (ECB) could again revise upwards macroeconomic projections for Eurozone in a few days, the central bank’s Vice President Luis de Guindos said in a scheduled speech on Wednesday.

“Third quarter indicators are positive,” he added.

Market reaction

EUR/USD is holding the higher ground around 1.1750, looking for fresh daily highs amid upbeat comments from the ECB Vice President.

The pair is now trading at 1.1752, almost unchanged on the day.

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