Trichet, Juncker warn on disorderly rate moves

European Central Bank president Jean-Claude Trichet has told a news conference that disorderly moves in exchange rates are negative for economic growth.

"On the exchange rates question, I trust...that excessive volatility and disorderly movements in exchange rates are undesirable for economic growth," he told a news conference.

Euro group president Jean-Claude Juncker echoed Trichet's concerns over exchange rates.

"Any sharp move in the exchange rate leads to certain risks and is not welcome," he

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