Issing expresses concern over the future of the Eurozone

Former ECB chief economist Ottmar Issing speaking to the BBC 7 Nov

• too many countries joined up with less than complete credentials


• negative interest rates present problems for bank profitability

Issing was the architect of the euro and says he sees relative stability in the currency but has fears for the Eurozone"s future.

The comments came in a pre-recorded interview on BBC Radio 5Live just broadcast but not the first time that Issing has expressed his concerns.

EURUSD currently 1.1071 near session lows of 1.1051 after it"s Asia opening FBI-led gap lower and rallying above 1.1100 only to fail as USDJPY marched up again from 103.80 to 104.58

EURJPY 115.60 after failing into 116.00 where strong offers await that I"ve been highlighting for a while in the daily order boards lately.

Issing expresses concern over the future of the Eurozone
Issing expresses concern over the future of the Eurozone
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