ECB’s Nowotny: Euro exchange rate must be observed

Dhwani Mehta FXStreet

ECB Governing Council member Ewald Nowotny is on the wires now, via Reuters, speaking at the Euromoney CCE Conference in Vienna.

Nowotny noted that the Euro exchange rate must be observed while adding that the strengthening of the Euro is not helpful

His comments come after ECB’s Constancio said that he will be worried about the Euro moves that don't reflect fundamentals.

Author

Dhwani Mehta

FXStreet

Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

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