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ECB's Nowotny: Don't think there is a need to restart QE

The outgoing ECB governing council member, Ewald Nowotny, in an interview with Profil magazine, sounded cautious against resuming QE and doubted if additional monetary stimulus will be able to deliver significant boost the economy.
 
We have to learn how to live with lower growth and inflation rates, Nowotny added further.

US Dollar Index Technical Analysis: The greenback appears well supported in the 97.80 area

Dollar Index Spot Overview Today last price 97.91 Today Daily Change 27 Today Daily Change % -0.17 Today daily open 98.08 Trends Daily SMA20 97.54 Da
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European Monetary Union Sentix Investor Confidence below forecasts (-7.7) in August: Actual (-13.7)

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