- European Central Bank Vice President Luis de Guindos said that if the EUR/USD exchange rate rises above $1.20, it may cause trouble for policy makers, but the current level is not worth worrying about. “I don't think $1.17, or even $1.20, is nothing,” the Spanish official said on Tuesday on the sidelines of the ECB's annual meeting in Sintra, Portugal. “We can ignore it a little bit. Anything above that number is much more complicated. But $1.20 is totally acceptable.”

- European Central Bank Vice President Luis de Guindos said that if the EUR/USD exchange rate rises above $1.20, it may cause trouble for policy makers, but the current level is not worth worrying about. “I don't think $1.17, or even $1.20, is nothing,” the Spanish official said on Tuesday on the sidelines of the ECB's annual meeting in Sintra, Portugal. “We can ignore it a little bit. Anything above that number is much more complicated. But $1.20 is totally acceptable.”