EUR/USD 1.25 the line in the sand for the European Central Bank (but there's a but ...)

Author: Eamonn Sheridan | Category: Central Banks

BNY Mellon with the remarks on ECB euro sensitivity:

  • "If we really surge towards 1.25 by the March meeting, the ECB will absolutely push back. For now it's just about manageable"
From an interview a BNY analysts on Bloomberg TV, stressing that the pace of the gain is more important than the level (hence the 'surge' comment).

More:
  • says the ECB will act if there is an undue tightening in financial conditions. For now its manageable
 ----
No stress right now for the ECb though, especially after the USD gains on Thursday (US time)


Invest in yourself. See our forex education hub.
By continuing to browse our site you agree to our use of cookies, revised Privacy Notice and Terms of Service. More information about cookiesClose