ECB’s de Guindos: Should follow "very prudent" approach given high uncertainty
European Central Bank Vice President Luis de Guindos is participating in a livestreamed MNI Connect discussion about the Eurozone economic growth and inflation outlook in London, United Kingdom (UK), on Thursday.
Key quotes
Should follow "very prudent" approach given high uncertainty.
Very positive news on inflation.
Valuations very high on "benign" perception of risks.
Present policy stance is appropriate.
Environment is quite uncertain.
Growth in H2 won't be very different from Q2.
Market reaction
As of writing, EUR/USD is up 0.09% on the day at 1.1825, little affected by these comments.
Euro Price Today
The table below shows the percentage change of Euro (EUR) against listed major currencies today. Euro was the strongest against the New Zealand Dollar.
| USD | EUR | GBP | JPY | CAD | AUD | NZD | CHF | |
|---|---|---|---|---|---|---|---|---|
| USD | -0.09% | 0.12% | 0.22% | 0.08% | 0.24% | 0.99% | 0.00% | |
| EUR | 0.09% | 0.06% | 0.31% | 0.18% | 0.30% | 1.18% | 0.12% | |
| GBP | -0.12% | -0.06% | 0.24% | 0.11% | 0.22% | 1.04% | 0.05% | |
| JPY | -0.22% | -0.31% | -0.24% | -0.11% | -0.02% | 0.77% | -0.16% | |
| CAD | -0.08% | -0.18% | -0.11% | 0.11% | 0.14% | 1.06% | -0.06% | |
| AUD | -0.24% | -0.30% | -0.22% | 0.02% | -0.14% | 0.90% | -0.16% | |
| NZD | -0.99% | -1.18% | -1.04% | -0.77% | -1.06% | -0.90% | -0.95% | |
| CHF | -0.01% | -0.12% | -0.05% | 0.16% | 0.06% | 0.16% | 0.95% |
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).
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