ECB no comment on FX intervention rumours

Market rumours that the ECB intervened in the foreign exchange markets were met with a 'no comment' answer on Wednesday.

Source: Reuters

The European Central Bank said on Wednesday it had no comment on market reports of central bank intervention in the foreign exchange markets.

"The ECB does not comment on market rumours," an ECB spokesman told Reuters.

The dollar rose nearly one percent versus the euro, which was trading at $1.2176, and by the same amount against the Japanese yen with traders sa