ECB’s Lagarde: The fight against inflation is not over

FXStreet
Updated
Mitrade
coverImg
Source: DepositPhotos

European Central Bank’s President Christine Lagarde speaks in Washington, DC.


Key Quotes


Growth in Europe is mediocre, much slower than in the US.


We’re clearly seeing timid signs of recovery.


The game (of fighting inflation) is not over.


Market Reaction


A firmer upside momentum now lifts EUR/USD to the area of daily highs near 1.0680.

* The content presented above, whether from a third party or not, is considered as general advice only.  This article should not be construed as containing investment advice, investment recommendations, an offer of or solicitation for any transactions in financial instruments.

goTop
quote
Do you find this article useful?
Related Articles
placeholder
EUR/USD trades lower around 1.1800, upside appears amid rising odds of Fed rate cutsEUR/USD remains subdued for the second successive session, trading around 1.1800 during the Asian hours on Thursday.
Author  FXStreet
1 hour ago
EUR/USD remains subdued for the second successive session, trading around 1.1800 during the Asian hours on Thursday.
placeholder
Japanese Yen remains on the front foot against a bearish USD, ahead of US NFP reportThe Japanese Yen (JPY) trades with a mild positive bias against a bearish US Dollar (USD) during the Asian session on Thursday.
Author  FXStreet
1 hour ago
The Japanese Yen (JPY) trades with a mild positive bias against a bearish US Dollar (USD) during the Asian session on Thursday.
placeholder
NZD/USD holds below 0.6100 as China's services sector grows less than expected in JuneThe NZD/USD pair loses traction to near 0.6080 during the Asian trading hours on Thursday.
Author  FXStreet
2 hours ago
The NZD/USD pair loses traction to near 0.6080 during the Asian trading hours on Thursday.
placeholder
Australian Dollar remains subdued following Trade Balance, China’s Services PMI dataThe Australian Dollar (AUD) holds losses against the US Dollar (USD) on Thursday following the release of key economic data.
Author  FXStreet
2 hours ago
The Australian Dollar (AUD) holds losses against the US Dollar (USD) on Thursday following the release of key economic data.
placeholder
GBP/USD struggles to regain balance ahead of key labor dataGBP/USD tumbled on Wednesday, falling back below the 1.3600 handle in a sharp plunge fueled by a sharp increase in UK bond yields.
Author  FXStreet
3 hours ago
GBP/USD tumbled on Wednesday, falling back below the 1.3600 handle in a sharp plunge fueled by a sharp increase in UK bond yields.