Euro: ECB "may well need to prepare for verbal intervention"

A snippet from MNI overnight that appears to have gone largely unnoticed

– An MNI sources story, said ECB members gathering for a non-monetary policy meeting in Frankfurt Wednesday were likely troubled by the currency market reaction to the Fed’s March statement and "may well need to prepare for verbal intervention."

MNI speculate on at what level verbal intervention might kick in:

sumber: