ECB's Centeno: Next move is still likely to be a cut

Source Fxstreet

European Central Bank (ECB) Governing Council member Mario Centeno said on Friday, the “next move is still likely to be a rate cut.”

Additional quotes

Can't tolerate inflation below 2% for too long.

2028 inflation forecast likely to be below 2%.

Still see inflation risks to downside.

Market reaction

At the time of writing, EUR/USD is down 0.18% on the day, trading near 1.1764.

Euro Price Today

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

USD EUR GBP JPY CAD AUD NZD CHF
USD 0.18% 0.36% -0.04% 0.11% 0.11% 0.21% 0.40%
EUR -0.18% 0.21% -0.30% -0.06% -0.10% 0.03% 0.22%
GBP -0.36% -0.21% -0.46% -0.27% -0.30% -0.26% 0.02%
JPY 0.04% 0.30% 0.46% 0.16% 0.30% 0.33% 0.31%
CAD -0.11% 0.06% 0.27% -0.16% -0.00% 0.09% 0.28%
AUD -0.11% 0.10% 0.30% -0.30% 0.00% 0.13% 0.32%
NZD -0.21% -0.03% 0.26% -0.33% -0.09% -0.13% 0.19%
CHF -0.40% -0.22% -0.02% -0.31% -0.28% -0.32% -0.19%

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).

Disclaimer: For information purposes only. Past performance is not indicative of future results.
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