ECB’s Mersch: ECB is not targeting a weaker euro

Additional headlines crossing the wires, as ECB’s Yves Mersch speaks to CNBC in Italy:

ECB aware if complexities of negative rates

ECB is not targeting a weaker euro

Apr 8, 2016

EUR/USD advances to highs near 1.1390

The common currency has reverted the initial negative tone on Friday, now lifting EUR/USD to daily highs around 1.1390. EUR/USD rebounds from 1.135

IMF’s Blanchard: Negative rates is not something ECB should be using at this point

Speaking at an Italian workshop today, the former chief economist of the International Monetary Fund (IMF) told CNBC that the ECB should not be using