European Central Bank's Escriva speaking on Thursday ...Middle East

There was a cascade of ECB speakers on Wednesday:

ECB's Lagarde: No US tariff is what I expectedECB's Lagarde: We're not overly concerned about export of inflation to EuropeECB's Knot sees little obstacle to another rate cut next weekECB's Stournaras says rates should be close to 2% by end of the yearECB's Villeroy: Disinflation process is still on trackECB's Escriva: a 25 bps cut next week is a likely scenarioECB's Nagel says confident inflation will return to 2% target by mid-yearECB's Rehn: We are aconfident inflation will stabilise at the target as predicted

ECB's Makhlouf: High levels of uncertainty call for prudence in mon pol

Even the Swiss National Bank got into to!

SNB's Schlegel: We cannot exclude negative interest rates This article was written by Eamonn Sheridan at www.forexlive.com.

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