Core Viewpoint - The European Central Bank (ECB) does not need to be overly concerned if the euro appreciates beyond 1.20 USD, as historical research suggests an equilibrium exchange rate between 1.20 and 1.25 USD, with the current rate still having room to move before reaching that level [1][2] Group 1 - ECB Governing Council member Alexander Demarco stated that even if the euro reaches 1.20 USD, it is not a catastrophic scenario [1] - Demarco noted that investors may be adjusting their portfolios to reduce dollar exposure due to recent events in the U.S., suggesting that a certain degree of euro appreciation is likely if it is to play a stronger role internationally [1] - Most ECB officials have downplayed the potential inflationary pressures from the recent euro appreciation [2] Group 2 - ECB Vice President Luis de Guindos mentioned that a 1.20 USD exchange rate is "completely acceptable," but higher levels would complicate matters significantly [2]
欧洲央行管委Demarco称欧元若达到1.25美元 “也并非世界末日”
Xin Lang Cai Jing·2026-02-19 15:06