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.
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