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ECB skeptical about need for further easing – Reuters

FXStreet (Mumbai) - As per Reuters article, many members of the ECB governing council are skeptical about need for further policy action in near-term.

Key points

Policy makers suggest more time is needed

Monitor whether current actions are working or not

Italy Industrial Output s.a. (MoM) came in at -0.5%, below expectations (0.2%) in November

Italy Industrial Output s.a. (MoM) came in at -0.5%, below expectations (0.2%) in November
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EUR/USD spikes to 1.0935 on ECB chatter

The shared currency stormed through the 1.09 barrier against its American rival in the European morning, now pushing EUR/USD towards fresh session highs.
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