Incoming ECB vice president Constancio said himself that an IMF role for the euro would undermine market confidence in the euro. Looks like the market is taking him at his word, knocking a half-cent off the price in 30 minutes.
Incoming ECB vice president Constancio said himself that an IMF role for the euro would undermine market confidence in the euro. Looks like the market is taking him at his word, knocking a half-cent off the price in 30 minutes.