ECB’s Elderson warns of economic growth risks materializing
Source Fxstreet
Frank Elderson, Vice-Chair of the Supervisory Board at the European Central Bank (ECB), warned of economic growth risks materializing, in an interview with the Slovenian daily, Delo, on Tuesday.
Additional comments
Open-minded ahead of the October meeting.
ECB decisions are made on a meeting-by-meeting basis.
Urge careful assessment of inflation implications.
Euro PRICE Today
The table below shows the percentage change of Euro (EUR) against listed major currencies today. Euro was the strongest against the Australian Dollar.
| USD | EUR | GBP | JPY | CAD | AUD | NZD | CHF | |
|---|---|---|---|---|---|---|---|---|
| USD | -0.08% | -0.07% | -0.18% | 0.04% | 0.44% | 0.05% | -0.08% | |
| EUR | 0.08% | 0.02% | -0.08% | 0.13% | 0.52% | 0.12% | 0.00% | |
| GBP | 0.07% | -0.02% | -0.10% | 0.09% | 0.50% | 0.09% | -0.01% | |
| JPY | 0.18% | 0.08% | 0.10% | 0.34% | 0.63% | 0.20% | 0.12% | |
| CAD | -0.04% | -0.13% | -0.09% | -0.34% | 0.40% | 0.00% | -0.11% | |
| AUD | -0.44% | -0.52% | -0.50% | -0.63% | -0.40% | -0.41% | -0.50% | |
| NZD | -0.05% | -0.12% | -0.09% | -0.20% | -0.01% | 0.41% | -0.10% | |
| CHF | 0.08% | -0.01% | 0.00% | -0.12% | 0.11% | 0.50% | 0.10% |
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).
Disclaimer: For information purposes only. Past performance is not indicative of future results.
Recommended Articles
Bitcoin Drops Below $83,000 as US Government Transfers Over 10,000 BTC, Sparking Panic Over Potential Selling PressureUS government transfers over 10,000 BTC as Bitcoin extends losses to breach $83,000, but a further sharp decline remains unlikely.On October 8, Bitcoin (BTC) extended its recent losses, f
US government transfers over 10,000 BTC as Bitcoin extends losses to breach $83,000, but a further sharp decline remains unlikely.On October 8, Bitcoin (BTC) extended its recent losses, f
Gold falls to a two-month low as real yields bite — can $4,000 hold?Gold hit a two-month low on 7 October, with spot touching roughly $4,090 and COMEX December futures closing at $4,140.70, even as the New York Fed's one-year inflation expectation rose to 3.9% — its highest since May 2023. The paradox resolves through real yields: the 30-year Treasury yield reached 5.732% intraday, its highest since 2002. Here are the levels, the institutional split, and the scenarios into tonight's jobless claims and 30-year auction.
Gold hit a two-month low on 7 October, with spot touching roughly $4,090 and COMEX December futures closing at $4,140.70, even as the New York Fed's one-year inflation expectation rose to 3.9% — its highest since May 2023. The paradox resolves through real yields: the 30-year Treasury yield reached 5.732% intraday, its highest since 2002. Here are the levels, the institutional split, and the scenarios into tonight's jobless claims and 30-year auction.
As of the Asian session on October 8, gold prices (XAUUSD) maintained a weak rebound trend today, with the latest price trading around $4,120; yesterday, gold prices briefly fell below $4
Euro slides to a 17-month low as France's budget crisis spreads — can 1.12 hold?EUR/USD touched 1.1162 on 5 October, its weakest level in 17 months, as France's budget standoff pushed the 10-year OAT above 5% and the OAT-Bund spread to roughly 160bp — the widest since the 2011-12 eurozone debt crisis. The euro now trades near 1.1215 ahead of US jobless claims and a $22 billion 30-year Treasury auction. Here are the levels and the two scenarios to watch.
EUR/USD touched 1.1162 on 5 October, its weakest level in 17 months, as France's budget standoff pushed the 10-year OAT above 5% and the OAT-Bund spread to roughly 160bp — the widest since the 2011-12 eurozone debt crisis. The euro now trades near 1.1215 ahead of US jobless claims and a $22 billion 30-year Treasury auction. Here are the levels and the two scenarios to watch.
Today’s Market Recap: 10-Year Treasury Yield Hits Highest Since 2002，U.S. Stocks Fall as Brent Barely Holds $100Tracking the Market TrendTradingKey - On October 7, U.S. Eastern Time, the 10-year Treasury yield climbed to an intraday high of 5.36%, its highest level since 2002, while all three major U.S. stock i
Tracking the Market TrendTradingKey - On October 7, U.S. Eastern Time, the 10-year Treasury yield climbed to an intraday high of 5.36%, its highest level since 2002, while all three major U.S. stock i
Related Instrument
