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ECB’s Vasiliauskas: Risks tilted to negative side

The European Central Bank (ECB) Governing Council member Vasiliauskas is on the wires now, via Reuters, with the key comments found below.

Euro area risks are mixed, warrant monitoring.

Risks tilted to negative side.

GBP/USD sees aggressive selling below 1.2600 on notable USD demand

The GBP/USD pair came under heavy selling pressure on a breach of the hourly 100-SMA support placed at 1.2602 and now prints fresh two-day lows at 1.2
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EUR/USD plummets to monthly lows, below 1.1300 handle on dismal Euro-zone PMIs

   •  Disappointing EZ PMI prints prompt some aggressive selling.    •  Investors scale back expectations for an ECB rate hike in 2019.    •  A foll
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