ECB's Trichet says euro not in danger -press

FRANKFURT May 21 (Reuters) - The euro is not in danger and remains a credible currency, European Central Bank President Jean-Claude Trichet was quoted as saying on Friday.

"It it clear. The euro is not in danger," Trichet told German daily Frankfurter Allgemeine Zeitung.

"Market movements are always a combination of the mood of investors and the influence of speculative investors like hedgefunds."

Trichet declined to comment when the newspaper asked him of a possible foreign exchange intervention to support the currency which has lost about 12 percent of its value against the dollar since the beginning of the year.

"I never comment on interventions," he said. (Reporting by Marc Jones and Sakari Suoninen)