No big short-term dollar shift says ECB's Wellink

The dollar is unlikely to show any big swings on the foreign exchange market soon as rapid growth allows the U.S. to finance its current account gap, European Central Bank Governing Council member Nout Wellink said in an interview on Thursday 27 May.

"Such a strong economy as the United States has enough potential to finance its activities with money from the outside," Wellink told Reuters in an interview.

"I don't see a reason at this very moment why a certain currency would move very substan