ECB's Simkus: Choice in September is between 25 bps rate hike and no change

<p>Meanwhile, ECB policymaker Stournaras said that a September rate hike is "unlikely" but if it were to be the case, it would be the last for this year – at least in his books.</p><p>It seems to be the case that the communication now is not going to be one where policymakers will pre-commit to anything. They will keep it as a toss up until more data comes along in the weeks ahead.</p>

This article was written by Justin Low at www.forexlive.com.