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ECB’s Kocher: There is no need of adjustment in the monetary policy

European Central Bank (ECB) Governing Council (GC) member and Austrian National Bank Governor Martin Kocher said during the European trading session on Tuesday that the current monetary policy status is appropriate.
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EUR/USD: Likely to trade in a range between 1.1535 and 1.1575 – UOB Group

Euro (EUR) is likely to trade in a range between 1.1535 and 1.1575. In the longer run, there is no change in view; EUR is likely to trade in a range of 1.1485/1.1610 for the time being, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
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