(END) Dow Jones Newswires
May 07, 2014 01:23 ET (05:23 GMT)
EUR/USD Could Rise Above 1.4 If ECB Stands Pat on Policy
0523 GMT [Dow Jones] The EUR/USD is likely to rise above 1.4 even for a short term if the ECB stands pat on its monetary policy, says a senior dealer at a major bank in Tokyo. The market believes the ECB will take no action on Thursday, though it's possible they will in June if the region's prices remain subdued. The pair is at 1.3926. (takashi.mochizuki@wsj.com; Twitter: @mochi_wsj)
(END) Dow Jones Newswires
May 07, 2014 01:23 ET (05:23 GMT)
(END) Dow Jones Newswires
May 07, 2014 01:23 ET (05:23 GMT)
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