fxs_header_sponsor_anchor

News

Lagarde speech: Still believe that we should be very vigilant about services

 In an interview with the Financial Times (FT) on Monday, European Central Bank (ECB) President Christine Lagarde said that she “still believes that we should be very vigilant about services.”

Additional comments

We're getting very close to that stage when we can declare that we have sustainably brought inflation to our medium-term 2%.

Significant difference between US growth and European growth attributed to two things predominantly; one is energy.

Second significant difference between US growth and European growth is due to furlough schemes in Europe.

Market reaction

At the time of writing, EUR/USD is holding its recovery near 1.0450, up 0.12% on the day. 

Euro PRICE Today

The table below shows the percentage change of Euro (EUR) against listed major currencies today. Euro was the strongest against the Japanese Yen.

  USD EUR GBP JPY CAD AUD NZD CHF
USD   -0.08% -0.09% 0.16% -0.08% -0.12% -0.07% 0.08%
EUR 0.08%   -0.04% 0.16% -0.02% 0.02% -0.01% 0.15%
GBP 0.09% 0.04%   0.18% 0.03% 0.06% 0.04% 0.21%
JPY -0.16% -0.16% -0.18%   -0.19% -0.21% -0.20% -0.08%
CAD 0.08% 0.02% -0.03% 0.19%   0.00% 0.00% 0.17%
AUD 0.12% -0.02% -0.06% 0.21% -0.01%   -0.03% 0.13%
NZD 0.07% 0.01% -0.04% 0.20% -0.00% 0.03%   0.13%
CHF -0.08% -0.15% -0.21% 0.08% -0.17% -0.13% -0.13%  

The heat map shows percentage changes of major currencies against each other. The base currency is picked from the left column, while the quote currency is picked from the top row. For example, if you pick the Euro from the left column and move along the horizontal line to the US Dollar, the percentage change displayed in the box will represent EUR (base)/USD (quote).

 

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.


RELATED CONTENT

Loading ...



Copyright © 2024 FOREXSTREET S.L., All rights reserved.