Trichet unlikely to ring changes

Trichet, who replaced outgoing incumbent Wim Duisenberg, moved from the Bank of France to his new role in Frankfurt on November 1.

"We do not expect anything dramatic, not even a hint of intervention in the euro," said David Mann, economist at Standard Chartered Bank in London. "We’d need to be as high as 1.30 or above before markets should be genuinely concerned about that."

Manuela Preuschl, global markets strategist at Deutsche Bank in Frankfurt, said: "We see it as a smooth power transfe

To continue reading...

You need to sign in to use this feature. If you don’t have a FX Week account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: