ECB's Dolenc says falling energy prices may make rate hikes unnecessary; ready to act if needed

ECB's Dolenc suggesting that declining energy prices could reduce the need for further rate hikes is a dovish indication. This commentary may prompt the market to reconsider the trajectory of European monetary policy, especially regarding interest rates and the overall economic outlook. Traders should keep an eye on how these comments influence EUR and fixed income markets, particularly in relation to other central banks' stances.