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Currency Analyst since 2010

Pressure on ECB is increasing

Fabrice Brégier, chief executive of Airbus’s passenger jet business, said the ECB should intervene to push the value of the euro against the dollar down by 10% from an “excessive” $1.35 to between $1.20 and $1.25.

"Europe cannot be the only economic zone of the world that doesn’t consider its currency as a weapon . . . as a key asset to promote its economy,” he told the Financial Times in an interview.

Bearing in mind the calls from the IMF and some European politicians for the ECB to consider quantitative easing, one can say that the pressure on the regulator is increasing.

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