> ECB's Nowotny: In no way do we see a danger of recession in the Eurozone

ECB's Nowotny: In no way do we see a danger of recession in the Eurozone

Wednesday, 16/01/2019 | 09:07 GMT-0

Further comments by ECB governing council member Ewald Nowotny

Extremely important we get a clear solution on Brexit as soon as possible
Brexit may have a 'psychological impact' on the Eurozone economy

Just the fact that they feel the need to comment on the R-word is in itself underlining where the concerns lie. EUR/USD sits at 1.1421 currently, near the upper end of the tight range today. EUR/GBP is at 0.8870, little changed on the day as the pound continues to bounce around.