ECB: A pause in the descent of fees in April should be on the table – Pierre Wunsch

The member of European Central Bank (ECB), Pierre Wunschsaid Thursday that “A pause in feat cuts in April should be on the table.

Outstanding statements

“Inflation risks could be on the positive side.”

The probability of a rate rise in 2025 is limited.

“Tariffs would be harmful to growth and inflation.”

“The ECB faces a difficult equilibrium act.”

Market reaction

The EUR/USD pair maintains slight earnings, quoting about 1,0770 at the time of writing.

Euro price today

The lower table shows the percentage of euro change (EUR) compared to the main currencies today. The euro was the strongest currency against the Canadian dollar.

USD EUR GBP JPY CAD Aud NZD CHF
USD -0.16% -0.21% -0.12% 0.09% -0.20% -0.26% 0.06%
EUR 0.16% -0.08% 0.02% 0.22% -0.09% -0.12% 0.20%
GBP 0.21% 0.08% 0.10% 0.30% 0.00% -0.05% 0.28%
JPY 0.12% -0.02% -0.10% 0.19% -0.11% -0.17% 0.18%
CAD -0.09% -0.22% -0.30% -0.19% -0.29% -0.34% -0.02%
Aud 0.20% 0.09% -0.00% 0.11% 0.29% -0.05% 0.29%
NZD 0.26% 0.12% 0.05% 0.17% 0.34% 0.05% 0.33%
CHF -0.06% -0.20% -0.28% -0.18% 0.02% -0.29% -0.33%

The heat map shows the percentage changes of the main currencies. The base currency is selected from the left column, while the contribution currency is selected in the upper row. For example, if you choose the euro of the left column and move along the horizontal line to the US dollar, the percentage change shown in the box will represent the EUR (base)/USD (quotation).

Source: Fx Street

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