Euro eases on reports Weber not an ECB head candidate
LONDON |
LONDON Feb 9 (Reuters) - The euro fell against the dollar on Wednesday after sources said Bundesbank head Axel Weber will not be a candidate to replace Jean-Claude Trichet as President of the European Central Bank. [ID:nBAE003882].
The euro EUR= fell to a session low of $1.3612 from around $1.3645 before the news.
Weber who has been considered a front-runner to succeed Trichet when his term expires in October, is regarded as a hawk on inflation, but often finds himself in the minority.
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