ECB’s Wunsch: A rate cut pause in April should be on the table
European Central Bank (ECB) policymaker Pierre Wunsch said on Thursday that “a rate cut pause in April should be on the table.”
Additional quotes
“Inflation risks might be on the upside.”
“The likelihood of a rate hike in 2025 is limited.”
“Tariffs would be bad for growth and inflation.”
“ECB is facing a difficult balancing act.”
Market reaction
The EUR/USD pair is holding mild gains, trading near 1.0770 at the time of writing.
Euro PRICE Today
The table below shows the percentage change of Euro (EUR) against listed major currencies today. Euro was the strongest against the Canadian Dollar.
| USD | EUR | GBP | JPY | CAD | AUD | NZD | CHF | |
|---|---|---|---|---|---|---|---|---|
| USD | -0.16% | -0.21% | -0.12% | 0.09% | -0.20% | -0.26% | 0.06% | |
| EUR | 0.16% | -0.08% | 0.02% | 0.22% | -0.09% | -0.12% | 0.20% | |
| GBP | 0.21% | 0.08% | 0.10% | 0.30% | 0.00% | -0.05% | 0.28% | |
| JPY | 0.12% | -0.02% | -0.10% | 0.19% | -0.11% | -0.17% | 0.18% | |
| CAD | -0.09% | -0.22% | -0.30% | -0.19% | -0.29% | -0.34% | -0.02% | |
| AUD | 0.20% | 0.09% | -0.00% | 0.11% | 0.29% | -0.05% | 0.29% | |
| NZD | 0.26% | 0.12% | 0.05% | 0.17% | 0.34% | 0.05% | 0.33% | |
| CHF | -0.06% | -0.20% | -0.28% | -0.18% | 0.02% | -0.29% | -0.33% |
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).
Author
Dhwani Mehta
FXStreet
Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.
