ECB’s Muller: Slower inflation rises the chances of a June rate cut

Source Fxstreet

European Central Bank (ECB) policymaker Madis Muller said on Friday that “slower inflation rises the chances of a June rate cut.”

Muller added that “there are more signs the economy is strengthening.”

Market reaction

At the time of writing, EUR/USD is testing lows near 1.0675, down 0.42% on the day.

Euro price today

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

  USD EUR GBP CAD AUD JPY NZD CHF
USD   0.42% 0.32% 0.27% 0.41% 0.06% 0.40% 0.28%
EUR -0.43%   -0.11% -0.16% -0.01% -0.37% -0.04% -0.15%
GBP -0.32% 0.09%   -0.08% 0.09% -0.29% 0.07% -0.06%
CAD -0.27% 0.17% 0.08%   0.12% -0.20% 0.15% 0.01%
AUD -0.42% 0.00% -0.06% -0.15%   -0.35% -0.02% -0.14%
JPY -0.06% 0.35% 0.25% 0.21% 0.34%   0.34% 0.22%
NZD -0.42% 0.01% -0.09% -0.15% -0.02% -0.35%   -0.14%
CHF -0.30% 0.16% 0.08% -0.02% 0.14% -0.21% 0.12%  

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 Japanese Yen, the percentage change displayed in the box will represent EUR (base)/JPY (quote).

 

Disclaimer: For information purposes only. Past performance is not indicative of future results.
placeholder
Pinduoduo Earnings Incoming: Morgan Stanley Sees Long-Term Profit Potential​Insights – On November 21, Chinese e-commerce giant Pinduoduo (PDD) will release its Q3 2024 earnings.
Author  Mitrade
Nov 20, 2024
​Insights – On November 21, Chinese e-commerce giant Pinduoduo (PDD) will release its Q3 2024 earnings.
placeholder
Elon Musk’s xAI and Neuralink Launch New Funding Rounds​Billionaire Elon Musk recently raised funds for his two high-profile tech companies, xAI and Neuralink.
Author  Insights
Jun 03, 2025
​Billionaire Elon Musk recently raised funds for his two high-profile tech companies, xAI and Neuralink.
placeholder
Bitcoin Leverage Flush Evaporates $775M as Capital Rotates Into Defensive Infra PlaysBitcoin's plunge to $70K triggers a $775M leverage washout, driving a capital rotation into quantum-secure infrastructure project BMIC as investors seek uncorrelated alpha.
Author  Mitrade
Feb 05, Thu
Bitcoin's plunge to $70K triggers a $775M leverage washout, driving a capital rotation into quantum-secure infrastructure project BMIC as investors seek uncorrelated alpha.
placeholder
Gold Price Trend Forecast: Expectations of Easing US-Iran Tensions Boost Gold Prices, $4,070 Becomes Key Level for Bulls and BearsAs of the Asian session on July 21, gold prices ( XAUUSD) staged a rapid intraday rebound, rising 1.56% on the day to touch a high of $4,084.28. From a technical perspective, gold prices
Author  TradingKey
22 hours ago
As of the Asian session on July 21, gold prices ( XAUUSD) staged a rapid intraday rebound, rising 1.56% on the day to touch a high of $4,084.28. From a technical perspective, gold prices
placeholder
Japanese Yen bears turn cautious near four-decade low amid looming intervention risksThe USD/JPY enters a bullish consolidation phase during the Asian session on Wednesday and holds steady above the 163.00 mark, near its highest level since 1986 set the previous day.
Author  FXStreet
7 hours ago
The USD/JPY enters a bullish consolidation phase during the Asian session on Wednesday and holds steady above the 163.00 mark, near its highest level since 1986 set the previous day.
Related Instrument
goTop
quote