ECB’s Guindos Says Euro Gain Past $1.20 Would Be Complicated

European Central Bank Vice President Luis de Guindos said an advance in the euro beyond $1.20 could prove tricky for policymakers but current levels aren’t cause for concern.

In rare remarks by an ECB official on the common currency’s exchange rate, Guindos told Bloomberg TV that the speed of the euro’s ascent is more worrying than its current level.