ECB's Vujcic:April or June for a rate cut is not a big difference
Source Fxstreet
European Central Bank (ECB) Governing Council member Boris Vujcic argued on Tuesday that it would not make a big difference whether the ECB starts lowering rates in April or June, per Reuters.
"I think it's more important that we achieve a kind of smooth transition," he added and continued:
"I think that 25 basis point moves are preferable to larger steps. It doesn't have to be continuous, there will some be pauses."
Market reaction
EUR/USD edged slightly higher following these comments and was last seen trading at 1.0845, rising 0.1% on the day.
Disclaimer: For information purposes only. Past performance is not indicative of future results.
Recommended Articles
EUR/USD extends losses for the fifth consecutive day and trades at 1.1520 at the time of writing on Thursday after a sharp reversal from levels near 1.1600 on Wednesday.
Nvidia Q3 Earnings Explode: $57B Smashes Wall Street, After-Hours Rally of 6% Slaps Down the "AI Bubble" Narrative! Short-term Volatility, Long-term Optimism At the latest GTC conference, Jensen Huang revealed that for the five quarters ending in 2026, the order backlog for Blackwell + Rubin has reached $500 billio
Short-term Volatility, Long-term Optimism At the latest GTC conference, Jensen Huang revealed that for the five quarters ending in 2026, the order backlog for Blackwell + Rubin has reached $500 billio
Could XRP Really Catch Ethereum? Analysts Revisit the Question as ETF Tailwinds BuildAs US spot XRP ETFs roll out and issuers like Canary Capital and Franklin Templeton step in, analysts say XRP’s market cap could climb on growing utility and ETF accumulation—but overtaking Ethereum’s $373 billion smart-contract powerhouse remains a long-shot, at least for now.
As US spot XRP ETFs roll out and issuers like Canary Capital and Franklin Templeton step in, analysts say XRP’s market cap could climb on growing utility and ETF accumulation—but overtaking Ethereum’s $373 billion smart-contract powerhouse remains a long-shot, at least for now.
The price of Bitcoin dipped below $89,000, setting a new weekly low as corporate buyer Strategy remains bullish.
Gold Price Forecast: XAU/USD edges higher above $4,100 ahead of delayed US September NFP reportGold price (XAU/USD) attracts some buyers to around $4,110 during the early Asian session on Thursday. The precious metal gains momentum amid the cautious mood and uncertainty over the US economy. Traders will closely monitor the US September Nonfarm Payrolls (NFP) later on Thursday.
Gold price (XAU/USD) attracts some buyers to around $4,110 during the early Asian session on Thursday. The precious metal gains momentum amid the cautious mood and uncertainty over the US economy. Traders will closely monitor the US September Nonfarm Payrolls (NFP) later on Thursday.
