The policy head of the European Central Bank (ECB), Olli Rehnhe commented on the perspective of inflation and growth on Friday.
Rehn said that “Disinflation is on its way and the growth perspective is weakening“
Market reaction
At the time of writing, the EUR/USD has recovered 1,1250, rising 0.23% so far.
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 New Zealand dollar.
| USD | EUR | GBP | JPY | CAD | Aud | NZD | CHF | |
|---|---|---|---|---|---|---|---|---|
| USD | -0.23% | -0.14% | -0.51% | -0.07% | -0.20% | 0.03% | -0.22% | |
| EUR | 0.23% | 0.09% | -0.28% | 0.16% | 0.03% | 0.25% | -0.00% | |
| GBP | 0.14% | -0.09% | -0.37% | 0.07% | -0.06% | 0.16% | -0.05% | |
| JPY | 0.51% | 0.28% | 0.37% | 0.44% | 0.31% | 0.52% | 0.32% | |
| CAD | 0.07% | -0.16% | -0.07% | -0.44% | -0.14% | 0.09% | -0.13% | |
| Aud | 0.20% | -0.03% | 0.06% | -0.31% | 0.14% | 0.22% | 0.00% | |
| NZD | -0.03% | -0.25% | -0.16% | -0.52% | -0.09% | -0.22% | -0.22% | |
| CHF | 0.22% | 0.00% | 0.05% | -0.32% | 0.13% | -0.01% | 0.22% |
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
I am Joshua Winder, a senior-level journalist and editor at World Stock Market. I specialize in covering news related to the stock market and economic trends. With more than 8 years of experience in this field, I have become an expert in financial reporting.
