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ECB’s Schnabel: We cannot pre-commit to a particular rate path

 European Central Bank (ECB) policymaker Isabel Schnabel said on Friday that “we cannot pre-commit to a particular rate path.”

“The future inflation outlook remains uncertain,” she added.

Market reaction

EUR/USD is keeping its range play intact near 1.0900, almost unchanged on the day.  

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China Foreign Exchange Reserves (MoM) above expectations ($3.21T) in May: Actual ($3.232T)
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Silver price today: Silver slides, according to FXStreet data

Silver prices (XAG/USD) fell on Friday, according to FXStreet data.
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