Non-conventional policy measures having positive effect – ECB Villeroy de Galhau

FXStreet (Mumbai) - European Central Bank (ECB) Governing Council member Francois Villeroy de Galhau is now crossing the wires via MNI, commenting on the latest ECB policy decision.

Key Quotes:

Market reaction to Dec 3 measures 'excessive'

Euro rate to have positive price competitive effect

Non-conventional pol measures having positive effect

There is no great divergence between US and Euro zone monetary policy

Exchange rate not a monetary policy goal but lower Euro vs. Dollar has positive effect on competitiveness in Euro zone