ECB's Makhlouf: We should remain open-minded about rate path
Source Fxstreet
European Central Bank (ECB) policymaker Gabriel Makhlouf said on Tuesday that the essence of data-dependency suggests that they should remain open-minded about the interest rate path, per Reuters.
"With disinflation well underway, we are confident in sustainably reaching our target of 2%," Makhlouf added.
Market reaction
These comments don't seem to be having a noticeable impact on the Euro's performance against its major rivals. As of writing, the EUR/USD pair was virtually unchanged on the day at 1.0835.
Disclaimer: For information purposes only. Past performance is not indicative of future results.
Recommended Articles
Once again, the price of Ethereum (ETH) has risen above $3,900. This bounce has hinted at a further price increase for the altcoin before the end of the year.
Top Crypto Losers: BCH, HYPE, PUMP extend losses as Bitcoin drops below $64,000Altcoins, including Bitcoin Cash (BCH), Hyperliquid (HYPE), and Pump.fun (PUMP), are leading losses over the last 24 hours as Bitcoin falls below $64,000 on Tuesday. The technical outlook for BCH, HYPE, and PUMP flags downside risk amid broader market selling.
Altcoins, including Bitcoin Cash (BCH), Hyperliquid (HYPE), and Pump.fun (PUMP), are leading losses over the last 24 hours as Bitcoin falls below $64,000 on Tuesday. The technical outlook for BCH, HYPE, and PUMP flags downside risk amid broader market selling.
Gold (XAU/USD) attracts some dip-buyers following the previous day's modest pullback from the monthly top and climbs back closer to the $5,200 mark during the Asian session on Wednesday.
Top 3 Price Prediction: Bitcoin, Ethereum, Ripple – BTC, ETH and XRP post cautious recovery amid downside risksBitcoin (BTC), Ethereum (ETH), and Ripple (XRP) are posting a cautious recovery on Wednesday following a market correction earlier this week. BTC is approaching a key breakdown level, while ETH and XRP are rebounding from crucial support levels.
Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) are posting a cautious recovery on Wednesday following a market correction earlier this week. BTC is approaching a key breakdown level, while ETH and XRP are rebounding from crucial support levels.
Gold gains above $5,150 as US tariff uncertainty drive demand, eyes on US-Iran talksGold price (XAU/USD) trades with mild gains near $5,165 during the early Asian session on Thursday. The rally of the precious metal is bolstered by escalating geopolitical tensions between the United States (US) and Iran and ongoing uncertainty regarding US tariff policies.
Gold price (XAU/USD) trades with mild gains near $5,165 during the early Asian session on Thursday. The rally of the precious metal is bolstered by escalating geopolitical tensions between the United States (US) and Iran and ongoing uncertainty regarding US tariff policies.
