ECB’s Vasle: We expect low growth of economic activity to continue in the coming months

Further comments are out from the European Central Bank (ECB) Governing Council member Bostjan Vasle, as he says that “we expect low growth of economic activity to continue in the coming months”.

Vasle said earlier today that the ECB ready to take further action if needed.

• German economy ministry: Do not expect a bigger economic downturn or see a pronounced recession

EUR/USD reversed a brief spike above the 1.11 handle, now trading around 1.1090 region amid a weaker dollar, awaiting the key US consumer-centric data.