ECB’s Lane: More easing from the Bank is likely

Source Fxstreet

European Central Bank (ECB) Chief Economist Phillip Lane is speaking as part of a "policy dialogue" at the Asian Financial Forum (AFF) 2025, being held in Hong Kong on Monday.

Key quotes

The European economy is still recovering from the pandemic.

ECB baseline for Europe is a recovery.

Expect consumption to improve in 2025.

More easing from the Bank is likely.

Market reaction

EUR/USD has come under renewed selling pressure and attacks 1.0200 on these above comments, losing 0.26% on the day.

Euro PRICE Today

The table below shows the percentage change of Euro (EUR) against listed major currencies today. Euro was the weakest against the Japanese Yen.

  USD EUR GBP JPY CAD AUD NZD CHF
USD   0.33% 0.63% -0.22% 0.14% 0.23% 0.19% 0.07%
EUR -0.33%   0.28% -0.48% -0.12% 0.04% -0.08% -0.17%
GBP -0.63% -0.28%   -0.78% -0.40% -0.25% -0.36% -0.44%
JPY 0.22% 0.48% 0.78%   0.35% 0.37% 0.27% 0.30%
CAD -0.14% 0.12% 0.40% -0.35%   0.04% 0.04% 0.02%
AUD -0.23% -0.04% 0.25% -0.37% -0.04%   -0.15% -0.19%
NZD -0.19% 0.08% 0.36% -0.27% -0.04% 0.15%   -0.08%
CHF -0.07% 0.17% 0.44% -0.30% -0.02% 0.19% 0.08%  

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
Best Stock to Buy Right Now: Amazon vs AppleAmazon (NASDAQ: AMZN) and Apple (NASDAQ: AAPL) have become among the world's most recognized companies. They've also become very valuable, with the former's market cap exceeding $2
Author  The Motley Fool
11 hours ago
Amazon (NASDAQ: AMZN) and Apple (NASDAQ: AAPL) have become among the world's most recognized companies. They've also become very valuable, with the former's market cap exceeding $2
placeholder
EUR/USD stays firm ahead of US CPIEUR/USD moves higher to near 1.0380 in Wednesday’s European session ahead of the United States (US) Consumer Price Index (CPI) data for January, which will be published at 13:30 GMT.
Author  FXStreet
11 hours ago
EUR/USD moves higher to near 1.0380 in Wednesday’s European session ahead of the United States (US) Consumer Price Index (CPI) data for January, which will be published at 13:30 GMT.
placeholder
Dogecoin Ready For A $2.43 Rally? Elliott Wave Says YesA new chart shared by BigMike7335 (@Michael_EWpro) via X suggests that Dogecoin could be on the verge of a strong bullish wave targeting $2.43. His analysis relies on Elliott Wave theory, which
Author  NewsBTC
12 hours ago
A new chart shared by BigMike7335 (@Michael_EWpro) via X suggests that Dogecoin could be on the verge of a strong bullish wave targeting $2.43. His analysis relies on Elliott Wave theory, which
placeholder
NZD/USD Price Forecast: Remains above 0.5650, resistance appears at nine-day EMAThe NZD/USD pair edges lower after registering losses in the previous session, trading around 0.5650 during the European hours on Wednesday.
Author  FXStreet
12 hours ago
The NZD/USD pair edges lower after registering losses in the previous session, trading around 0.5650 during the European hours on Wednesday.
placeholder
US Dollar Index Price Forecast: Treads water above nine-day EMA support near 108.00The US Dollar Index (DXY) recovers its losses from the previous two sessions, trading around 108.10 during Asian hours on Wednesday.
Author  FXStreet
15 hours ago
The US Dollar Index (DXY) recovers its losses from the previous two sessions, trading around 108.10 during Asian hours on Wednesday.
Related Instrument
goTop
quote