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ECB’s Holzmann: The central bank will decide on tapering in December

The European Central Bank (ECB) will decide on tapering in December, policymaker Robert Holzmann said on Wednesday.

Key quotes

“Recently inflation expectations have increased, by how much I do not know.”

“Effect of lockdowns on economies is increasingly small.”

“Austria's lockdown will have moderate effects on the economy.”

“PEPP purchases will probably end in March but PEPP will not end but probably be put in a waiting room.”

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USD/CAD holds above mid-1.2600s, downside seems protected ahead of key US data

The USD/CAD pair surrendered modest intraday gains and has now retreated to the lower end of its daily trading range, around the 1.2665 region. The pa
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