The European Central Bank’s chief economist rebuffed criticism that it was actively seeking to depress the euro exchange rate and that the currency’s level reflected the economic situation in the euro zone.
“There is no willingness to talk down the euro,” ECB Executive Board member Peter Praet told an audience at a banking event in Berlin on Monday.
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Alfonso Esparza specializes in macro forex strategies for North American and major currency pairs. Upon joining OANDA in 2007, Alfonso Esparza established the MarketPulseFX blog and he has since written extensively about central banks and global economic and political trends. Alfonso has also worked as a professional currency
trader focused on North America and emerging markets. He has been published by The MarketWatch, Reuters, the Wall Street Journal and The Globe and Mail, and he also appears regularly as a guest commentator on networks including Bloomberg and BNN. He holds a finance degree from the Monterrey Institute of Technology and Higher Education (ITESM) and an MBA with a specialization on financial engineering and marketing from the University of Toronto.