(In paragraph 2, ECB corrects Coeur?(C)'s quote in transcript of RT?? interview to say "our monetary policy" instead of "foreign monetary policy")
NEW YORK, Jan 31 (Reuters) - The euro fell to U.S. session lows against the dollar on Wednesday, further paring its earlier gains in the wake of comments from European Central Bank executive board member Beno?(R)t Coeur?(C).
In an interview with Ireland's RT?? TV published by the ECB, Coeur?(C) said, "If that kind of volatility would lead to an unwarranted tightening of our monetary policy, we would have to reassess and consider." He was referring to the recent pickup in volatility in the foreign market, where the euro has set a series of three-year highs against the greenback.
At 1:33 p.m. EST (1833 GMT), the euro hit a U.S. session low of $1.2394 before recovering. The single currency was last up 0.10 percent at $1.2413.
(Reporting by Richard Leong; Editing by Andrew Hay)
Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.