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
Bitcoin Pattern Breaks: Price Near ATH, But HODLers Still Not SellingOn-chain data shows HODLing behavior remains dominant among the Bitcoin investors despite the fact that the price is near the all-time high (ATH).
Author  Bitcoinist
Yesterday 10: 06
On-chain data shows HODLing behavior remains dominant among the Bitcoin investors despite the fact that the price is near the all-time high (ATH).
placeholder
Unlocking Future Growth? Alibaba Raises $1.53 Billion via Zero-Coupon Bond to Boost Cloud and Global ExpansionOn July 4, Alibaba Group announced the successful completion of its zero-coupon exchangeable bond issuance , raising HKD 12.023 billion (approximately USD 1.53 billion).
Author  TradingKey
Yesterday 10: 02
On July 4, Alibaba Group announced the successful completion of its zero-coupon exchangeable bond issuance , raising HKD 12.023 billion (approximately USD 1.53 billion).
placeholder
Silver Price Forecast: XAG/USD consolidates right below $37.00 in risk-off marketsSilver consolidates the previous two days' gains and remains pinned near $37.00.
Author  FXStreet
Yesterday 09: 59
Silver consolidates the previous two days' gains and remains pinned near $37.00.
placeholder
USD/JPY slumps to near 144.30 as Yen’s safe-haven demand increasesThe USD/JPY pair falls over 0.4% to near 144.30 during European trading hours on Friday.
Author  FXStreet
Yesterday 09: 57
The USD/JPY pair falls over 0.4% to near 144.30 during European trading hours on Friday.
placeholder
Non-Farm Payrolls Deflate Rate Cut Hopes with 147,000 New JobsOn Thursday in the US, a stronger-than-expected June non-farm payroll report dashed hopes for a rate cut in July.
Author  TradingKey
Yesterday 09: 45
On Thursday in the US, a stronger-than-expected June non-farm payroll report dashed hopes for a rate cut in July.
Related Instrument
goTop
quote