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ECB can decide by itself – ECB’s B.Coeure

FXStreet (Edinburgh) - According to ECB’s Council member Benoit Coeure, the decisions made by the European Central Bank are not influenced by actions of any of its peers.

He also added that the main risks facing the recovery in the euro area come from overseas economies.

EUR/USD remains in the red, trading in the low-1.0900s around 1.0920/30.

‘Dollar appreciation is a drag’ – Fed’s Brainard

FOMC member Lael Brainard is now crossing the wires via Reuters, noting that the future course of monetary policy is highly dependent on the incoming data while acknowledging that the recent developments in the US economy have been very encouraging. He also pointed out that an appreciating US currency remains a drag on the overall economic outlook.
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No general overvaluation of assets in Euro area – ECB’s Constancio

Speaking at a conference on banking supervision on Wednesday, the European Central Bank (ECB) Vice President Vitor Constancio stated that he does not see overvaluation of assets in the EMU and that the central bank is monitoring that very closely.
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