India FX Reserves, USD increased to $313.83B from previous $311.86B

FXStreet.com (Barcelona)

May 16, 2014

EUR/USD back to lows around 1.3690

The single currency is now losing the grip, dragging the EUR/USD back to test yesterday’s troughs in the 1.3690/85 region....

ECB's Coeure: Low rates pose risks but there are tools to address them

ECB Executive Board member Benoit Coeure said on Friday that the economic recovery in the Eurozone had to be supported by low interest rates to advance. He recognized that maintaining this state for a long period of time created risks, but assured that the central bank could use various tools to address them.