Home Sabine Lautenschlaeger resigns from ECB board
FXStreet News

Sabine Lautenschlaeger resigns from ECB board

European Central Bank (ECB) Executive Board Member Sabine Lautenschlager has announced her resignation from the ECB board on Wednesday.  

According to Reuters,  Lautenschlager will resign from her position on October 31st, prior to the end of her term.

“President Mario Draghi thanked her for her instrumental role in helping set up and steer Europe-wide banking supervision, a key pillar of banking union, as well as her unwavering commitment to Europe,” the ECB said in a statement.

The shared currency pair hasn’t yet reacted to this development yet and the EUR/USD pair was last seen trading at 1.0947, erasing 0.66% on a daily basis.

FX Street

FX Street

FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions.