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ECB’s Vujčić: Central bank unlikely to accelerate rate cuts

European Central Bank (ECB) policymaker Boris Vujčić said on Monday that the “ECB is unlikely to accelerate rate cuts.”

Additional quotes

Cutting faster would need a more significant departure from out projections.

Gradual moves are best amid uncertainty.

Near-term market bets are justified.

NZD/USD Price Forecast: Drops to near 0.5550 within the oversold territory

The NZD/USD pair continues its losing streak that began on January 7, trading around 0.5550 during the European hours on Monday.
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WTI trims a part of strong gains to its highest level sine October, still well bid around $77.00

West Texas Intermediate (WTI) US Crude Oil prices build on Friday's strong move up and gain follow-through positive traction for the third straight day on Monday.
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