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
Deutsche Bank Slashes Gold Price Forecast by 22%: Wall Street Bulls Retreat, Fed Rate Hike Expectations Become Biggest Drag Wall Street investment banks are collectively cooling on their bullish sentiment toward gold. Following Goldman Sachs ( GS) sharply cutting its gold price targets last week, Deutsche Bank
Author  TradingKey
10 hours ago
Wall Street investment banks are collectively cooling on their bullish sentiment toward gold. Following Goldman Sachs ( GS) sharply cutting its gold price targets last week, Deutsche Bank
placeholder
Japanese Yen flatlines near 161.50 as traders are on high alert for interventionThe USD/JPY pair holds steady near 161.55 during the early Asian session on Tuesday. Progress in US–Iran peace talks and intervention fears from the Japanese authorities might cap the upside for the pair.
Author  FXStreet
20 hours ago
The USD/JPY pair holds steady near 161.55 during the early Asian session on Tuesday. Progress in US–Iran peace talks and intervention fears from the Japanese authorities might cap the upside for the pair.
placeholder
Nvidia 2026 Shareholder Meeting Preview: Can Stock Price Hit New Highs? How Blackwell, Vera Production Ramps Will Determine Future Revenue?This Wednesday (June 24), NVIDIA (NVDA) will hold its 2026 annual meeting of stockholders online. The focus of this meeting will be the production ramp-up of Blackwell and the brand-new V
Author  TradingKey
Yesterday 10: 23
This Wednesday (June 24), NVIDIA (NVDA) will hold its 2026 annual meeting of stockholders online. The focus of this meeting will be the production ramp-up of Blackwell and the brand-new V
placeholder
Morgan Stanley’s Latest Assessment: Three Variables for Gold’s Rise to $5,200 — Hawkish Fed, ETF Flows, and Middle East TurmoilMorgan Stanley ( MS )'s latest precious metals research report shows that while continuous gold purchases by global central banks have provided a solid floor of support, gold ( XAUUSD )'s
Author  TradingKey
Yesterday 09: 04
Morgan Stanley ( MS )'s latest precious metals research report shows that while continuous gold purchases by global central banks have provided a solid floor of support, gold ( XAUUSD )'s
placeholder
Qatar and Pakistan: High-level committee agrees on roadmap to final deal within 60 daysThe US-Iran peace talks took place on Sunday in Bürgenstock, Switzerland, with delegations from Iran, the United States, Qatar, and Pakistan participating.
Author  FXStreet
Yesterday 02: 13
The US-Iran peace talks took place on Sunday in Bürgenstock, Switzerland, with delegations from Iran, the United States, Qatar, and Pakistan participating.
Related Instrument
goTop
quote