ECB's Escriva: We've reached our inflation target

Source Fxstreet

European Central Bank Governing Council member Jose Luis Escriva said on Friday, “we've reached our inflation target.”

“The Gross Domestic Product (GDP) growth is slow, competitiveness is a problem,” he added.

Disclaimer: For information purposes only. Past performance is not indicative of future results.
placeholder
AUD/USD refreshes 10-month high near 0.6670 amid upbeat market sentimentThe AUD/USD pair posts a fresh 10-month high near 0.6670 during the European trading session on Friday.
Author  FXStreet
13 hours ago
The AUD/USD pair posts a fresh 10-month high near 0.6670 during the European trading session on Friday.
placeholder
Pound Sterling faces pressure on UK GDP growth remaining stagnant in AugustThe Pound Sterling faces selling pressure against its major currency pairs on Friday after the release of the UK Gross Domestic Product and factory data for July.
Author  FXStreet
13 hours ago
The Pound Sterling faces selling pressure against its major currency pairs on Friday after the release of the UK Gross Domestic Product and factory data for July.
placeholder
Bitcoin Decouples From Gold, But Long-Term Correlation IntactData shows the digital gold narrative may be in danger on the short term as Bitcoin has diverged from Gold in its 30-day Correlation.
Author  Bitcoinist
13 hours ago
Data shows the digital gold narrative may be in danger on the short term as Bitcoin has diverged from Gold in its 30-day Correlation.
placeholder
Forex Today: US Dollar finds support ahead of consumer confidence dataThe US Dollar stabilizes following Thursday's decline as market focus shifts to the University of Michigan's (UoM) preliminary Consumer Sentiment Index data for September.
Author  FXStreet
13 hours ago
The US Dollar stabilizes following Thursday's decline as market focus shifts to the University of Michigan's (UoM) preliminary Consumer Sentiment Index data for September.
placeholder
Gold climbs above $3,650 amid dovish Fed expectations, bearish USDGold (XAU/USD) is seen building on the previous day's goodish rebound from the $3,613-3,612 area and gaining some follow-through positive traction during the Asian session on Friday.
Author  FXStreet
15 hours ago
Gold (XAU/USD) is seen building on the previous day's goodish rebound from the $3,613-3,612 area and gaining some follow-through positive traction during the Asian session on Friday.
Related Instrument
goTop
quote