European Central Bank (ECB) governors are concerned that a further hike
in the value of the euro, making exports less attractive and imports
cheaper, could derail the economic region’s recovery. In minutes
from their meeting on 19-20 July 2017, released on Thursday, they said
there is a "risk of the exchange rate overshooting in the future". Some
concerns were also voiced about "policy uncertainty in the United
States".
Read more: ECB concerned stronger euro could derail economic recovery
Read more: ECB concerned stronger euro could derail economic recovery
