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.
placeholder
WTI Crude Oil Price Forecast: Oil Plunges Nearly 5% as US-Iran Talks Expected to Resume, Will It Fall Further? As of the Asian session on August 26, WTI crude oil (USOIL) prices extended yesterday's decline, dropping to an intraday low of $80.26 and approaching the $80 threshold at one point, down
Author  TradingKey
6 hours ago
As of the Asian session on August 26, WTI crude oil (USOIL) prices extended yesterday's decline, dropping to an intraday low of $80.26 and approaching the $80 threshold at one point, down
placeholder
Iran and Oman push talks for ‘interim’ reopening of Hormuz — BloombergIranian Foreign Minister Abbas Araghchi and his Omani counterpart Badr Albusaidi discussed an “interim framework” aimed at resuming shipping through the Strait of Hormuz, Bloomberg reported on Tuesday.
Author  FXStreet
14 hours ago
Iranian Foreign Minister Abbas Araghchi and his Omani counterpart Badr Albusaidi discussed an “interim framework” aimed at resuming shipping through the Strait of Hormuz, Bloomberg reported on Tuesday.
placeholder
US July PCE Data Preview: Core Inflation May Hold at 3.3%, How Will US Stocks, the Dollar, and Gold React?The U.S. will release the U.S. July Personal Consumption Expenditures (PCE) Price Index on Wednesday, August 26, Eastern Time. As a key inflation indicator closely watched by the Federal
Author  TradingKey
Yesterday 10: 19
The U.S. will release the U.S. July Personal Consumption Expenditures (PCE) Price Index on Wednesday, August 26, Eastern Time. As a key inflation indicator closely watched by the Federal
placeholder
Ethereum Price Forecast: BitMine scoops 32K ETH, hints at further gainsEthereum (ETH) treasury company BitMine Immersion Technologies (BMNR) expanded its digital asset holdings last week with another round of acquisitions.
Author  FXStreet
Yesterday 01: 29
Ethereum (ETH) treasury company BitMine Immersion Technologies (BMNR) expanded its digital asset holdings last week with another round of acquisitions.
placeholder
Bitcoin Price Prediction: BTC Breaks $80,000 Mark, What Does It Mean? On August 24, Bitcoin (BTC) prices continued to fluctuate lower, edging up just 0.1% on the day to trade at $77,176. Last Friday (August 21), Bitcoin prices surged toward the $80,000 mark
Author  TradingKey
Aug 24, Mon
On August 24, Bitcoin (BTC) prices continued to fluctuate lower, edging up just 0.1% on the day to trade at $77,176. Last Friday (August 21), Bitcoin prices surged toward the $80,000 mark
Related Instrument
goTop
quote