European Central Bank policymaker Ewald Nowotny in an interview on Sunday with Austrian broadcaster ORF

  • We in the ECB are certainly concerned about attempts by the United States to politically influence the exchange rate
  • That was a theme of economic discussions in Davos, where the ECB addressed this, and it will certainly be a theme at the upcoming G20 summit

More, this time on the rate path outlook:

EZ inflation still has room to move higher

  • the ECB is still on the careful side
  • But that certainly won't last forever. In the foreseeable future there will be a need for the ECB to raise interest rates

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The next G20 summit will be held March in Argentina

EUR/USD not doing too much at all this early Monday