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ECB's Lagarde Says Monitoring Euro-dollar Exchange Rate
European Central Bank President Christine Lagarde said Thursday the bank was monitoring the dollar-euro exchange rate but had no target, after gains …
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Ebury Market Consensus This decision is justified both by the greater uncertainty, which President Lagarde has repeatedly highlighted during the press conference, and by the magnitude of the last drops, since the current level of rates can be considered "objective." President Lagarde's communiqués, which in our opinion were moderately hawkish, caused the market to stop fully discounting a new rate drop, not only this year, but also the next. [.…
The monetary authority would be led by Christine Lagarde decided to keep the directors' fees in the old one in which he placed them in the previous ms.
·Porto, Portugal
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