German investors oppose ECB euro intervention-ZEW

Newswire

BERLIN, March 23 (Reuters) - Germany's ZEW economic research institute said on Tuesday almost two-thirds of German investors would oppose European Central Bank intervention on the currency markets to curb the euro's rise against the dollar. In a poll of 278 financial analysts and institutional investors, the ZEW said only 37 percent thought the ECB should intervene to combat the strong euro. On average, they said this should happen if the European single currency reached $1.32. The rise ...

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