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ECB ready to "act if necessary" in case of Brexit

Discussion in 'Fundamental Analysis' started by ForexLive, Jun 12, 2016.

  1. ForexLive

    ForexLive Forum Member

    Sep 2, 2015
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    So says Bank of France governor and ECB governing council member Villeroy speaking to Welt am Sonntag 12 June 2016 - primarily the BOE would have to respond to possible Brexit "but if necessary the ECB is ready to act" Joint intervention can not be ruled out, and there is market talk of a plan being out in place as I reported previously here. The fact remains that both the UK and Eurozone will have currency wobbles if we do vote to Leave.

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