ECB’s Schnabel: Disinflation is on track, but new shocks are posing new challenges
Source Fxstreet
European Central Bank (ECB) board member Isabel Schanbel said on Tuesday, “disinflation is on track, but new shocks are posing new challenges.”
Additional comments
- Tariffs may be disinflationary in the short run but pose upside risks over the medium term.
- Appreciation of the Euro is historical opportunity to foster the international role of the Euro.
Market reaction
EURUSD was last seen trading at 1.1255, up 0.15% on the day.
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 | -0.15% | -0.10% | -0.27% | -0.03% | 0.62% | 0.17% | -0.18% | |
| EUR | 0.15% | 0.06% | -0.10% | 0.13% | 0.79% | 0.34% | -0.03% | |
| GBP | 0.10% | -0.06% | -0.19% | 0.06% | 0.70% | 0.29% | -0.05% | |
| JPY | 0.27% | 0.10% | 0.19% | 0.24% | 0.89% | 0.43% | 0.14% | |
| CAD | 0.03% | -0.13% | -0.06% | -0.24% | 0.66% | 0.21% | -0.12% | |
| AUD | -0.62% | -0.79% | -0.70% | -0.89% | -0.66% | -0.45% | -0.76% | |
| NZD | -0.17% | -0.34% | -0.29% | -0.43% | -0.21% | 0.45% | -0.32% | |
| CHF | 0.18% | 0.03% | 0.05% | -0.14% | 0.12% | 0.76% | 0.32% |
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.
Recommended Articles
Natural Gas sinks to pivotal level as China’s demand slumpsNatural Gas price (XNG/USD) edges lower and sinks to $2.56 on Monday, extending its losing streak for the fifth day in a row. The move comes on the back of China cutting its Liquified Natural Gas (LNG) imports after prices rose above $3.0 in June. It
Natural Gas price (XNG/USD) edges lower and sinks to $2.56 on Monday, extending its losing streak for the fifth day in a row. The move comes on the back of China cutting its Liquified Natural Gas (LNG) imports after prices rose above $3.0 in June. It
Solana Price Forecast: SOL flashes bearish signals, risks double-digit crashSolana (SOL) price shows early signs of a potential breakdown as it trades lower at $165.40 on Monday. SOL is approaching a key support level that could determine its next major move. Technical indicators flash red, and bearish sentiment intensifies, with short positions hitting a monthly high.
Solana (SOL) price shows early signs of a potential breakdown as it trades lower at $165.40 on Monday. SOL is approaching a key support level that could determine its next major move. Technical indicators flash red, and bearish sentiment intensifies, with short positions hitting a monthly high.
Ethereum price found support at $2,460 and started a fresh increase. ETH is now struggling and might drop again below the $2,500 support.
The Pound Sterling (GBP) trades in a limited range around 1.3565 against the US Dollar (USD) during European trading hours on Tuesday.
Avalanche (AVAX) trades in the green by almost 1% at press time on Wednesday, as it tests a crucial support floor that has held for over two months.
Related Instrument
