ECB Nowotny: Low interest rates not arbitrary central bank action

Headlines from Austria’s central bank.  Speaks in interview with Sueddeutshche Zeitung online

He adds:

The EURUSD is currently trading at 1.1146. The low for the day reached 1.1138. The last 5 trading hours have seen the bar close below the 100 hour MA at the 1.11598 (currently).

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