ECB Nowotny: ECB should end bond buying program

Speaking to Oberoesterreichische Nachrichten newspaper

He adds:

  • ECB will decide on future of asset purchase program by September
  • Thinks we are now in situation where we should and asset purchase program
  • Stopping asset purchase program will bring rise in long-term interest rates

The EURUSD remains near highs for the high for the day with the 1.2493, 1.2500 and then the high from 2018 at 1.2537 the next targets.

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