The arrival of Jean-Claude Trichet as president of the European Central Bank (ECB) in October should have a positive impact on financial markets. The euro/dollar relationship will be underpinned by the tacit understanding that ECB intervention will be more wisely undertaken, interest rate policy better explained, and Euribor, the euro interest rate curve, will price less uncertainty over ECB rate policy.

The Banker's articles are exclusively available to registered users and full subscribers

Register for FREE limited access to global banking and finance coverage

Gain easy and instant access to:

  • 3 free views each month
  • Latest headlines and trends
  • Weekly e-newsletter




Already registered? Click here to sign in

Need more? An annual subscription to The Banker provides a wealth of banking and finance knowledge covering a wide range of countries, markets and profiles.
Click here to find out more.


By continuing to use this site you consent to the use of cookies on your device as described in our cookie policy unless you have disabled them. You can change your cookie settings at any time but parts of our site will not function correctly without them.