ECB's Villeroy: Spring rate cut remains probable

French central bank head and European Central Bank (ECB) policymaker Villeroy de Galhau said on Wednesday that a rate cut in spring remains probable, as reported by Reuters. He added that they remain vigilant on inflation but noted that victory was within sight.

Market reaction

These comments don't seem to be having a significant impact on the Euro's performance against its major rivals. At the time of press, the EUR/USD pair was trading at 1.0925, where it was virtually unchanged on a daily basis.