Economics
One Question for the ECB: How Will It Tackle the Strong Euro?
- Currency fell after ECB’s Lane said euro-dollar rate matters
- Investors keen to hear Lagarde’s thoughts on euro strength
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Investors want to know how the European Central Bank is going to tackle the euro’s strength.
It’s been a guessing game since ECB Chief Economist Philip Lane said “the euro-dollar rate does matter,” hours after the common currency breached $1.20 for the first time in more than two years.