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Comments from ECB's Nowotny (one of.....>

EURO-DOLLAR
EURO-DOLLAR: Comments from ECB's Nowotny (one of the more hawkish ECB members)
push EUR/USD to fresh session highs of $1.1686, as he notes that the ECB should
focus on getting the deposit rate out of negative territory, and he believes
that the "woes" in Italy should not delay the hiking cycle.
- Resistance noted at $1.1690-05 (Option expiries E2.62bn, including $1.1699 NY
high Aug30).
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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