The post Do not expect rate hike at next week’s meeting appeared on BitcoinEthereumNews.com. European Central Bank (ECB) Governing Council (GC) member and Bank The post Do not expect rate hike at next week’s meeting appeared on BitcoinEthereumNews.com. European Central Bank (ECB) Governing Council (GC) member and Bank

Do not expect rate hike at next week’s meeting

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European Central Bank (ECB) Governing Council (GC) member and Bank of France Governor, François Villeroy de Galhau, urged patience on the bank’s interest rate move amid the Middle East conflict.

Key quotes

Market reaction

At the time of writing, EUR/USD is trading 0.21% higher on the day at 1.1632, little affected by these comments.

Euro Price Today

The table below shows the percentage change of Euro (EUR) against listed major currencies today. Euro was the strongest against the US Dollar.

USD EUR GBP JPY CAD AUD NZD CHF
USD -0.19% -0.22% -0.03% -0.11% -0.72% -0.24% -0.19%
EUR 0.19% -0.03% 0.17% 0.08% -0.53% -0.04% 0.01%
GBP 0.22% 0.03% 0.19% 0.11% -0.50% -0.01% 0.04%
JPY 0.03% -0.17% -0.19% -0.08% -0.70% -0.22% -0.17%
CAD 0.11% -0.08% -0.11% 0.08% -0.61% -0.13% -0.08%
AUD 0.72% 0.53% 0.50% 0.70% 0.61% 0.48% 0.56%
NZD 0.24% 0.04% 0.01% 0.22% 0.13% -0.48% 0.05%
CHF 0.19% -0.01% -0.04% 0.17% 0.08% -0.56% -0.05%

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).

Source: https://www.fxstreet.com/news/ecbs-villeroy-do-not-expect-rate-hike-at-next-weeks-ecb-meeting-202603110654

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