French PM talking down the Euro

FXStreet (Bali) - Manuel Valls, French Prime Minister, speaking in an interview in Les Echos, said that the ECB needs to go further on the euro and that ECB monetary policy can’t just focus on interest rates.

Valls added that an overvalued euro does not do any good for growth and industry, also noting that the stability pact must be applied with more flexibility and intelligence.