EU probe into forex still at preliminary stage - Almunia

LONDON Fri Feb 7, 2014 6:02am EST

LONDON Feb 7 (Reuters) - The European Commission is still only in the prelminary stage of looking for possible collusion to fix benchmarks in the foreign currency markets, its competition chief said on Friday.

Joaquin Almunia, speaking to journalists during a visit to London, declined to say when or if he would move to a formal probe like British and U.S. regulators have done.

He said he was also informally looking at oil and related products markets as well.

A couple walks along the rough surf during sunset at Oahu's North Shore, December 26, 2013. REUTERS/Kevin Lamarque

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