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EUR/USD rallies sharply on unscheduled..........>

ECB
ECB: EUR/USD rallies sharply on unscheduled comments from ECB's Knot, who states
that there is no need to resume QE program right now, adding that there is no
"value added" in the ECB launching a package of measures. Knot sees market
expectations for an ECB September decision as "overdone". EUR/USD rallies to the
day's highs as Bund futures are pressured to the lowest levels of the session.
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com

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