ECB’s de Cos: Confident the next move will be a cut
European Central Bank (ECB) policymaker Pablo Hernandez de Cos said on Tuesday, "it is already very important for European citizens to know that we are confident the next move will be a cut.”
He said that the central bank is” now confident inflation is moving back to target.”
Market reaction
EUR/USD has erased gains to trade neutral near 1.0740 on the above 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 Swiss Franc.
| USD | EUR | GBP | CAD | AUD | JPY | NZD | CHF | |
| USD | 0.00% | -0.15% | -0.10% | -0.30% | -0.03% | -0.05% | 0.04% | |
| EUR | 0.00% | -0.14% | -0.10% | -0.30% | -0.03% | -0.05% | 0.05% | |
| GBP | 0.15% | 0.14% | 0.05% | -0.16% | 0.11% | 0.09% | 0.19% | |
| CAD | 0.08% | 0.09% | -0.04% | -0.21% | 0.07% | 0.04% | 0.14% | |
| AUD | 0.26% | 0.25% | 0.12% | 0.15% | 0.23% | 0.21% | 0.30% | |
| JPY | 0.03% | 0.04% | -0.13% | -0.07% | -0.30% | -0.02% | 0.08% | |
| NZD | 0.05% | 0.05% | -0.09% | -0.06% | -0.21% | 0.01% | 0.12% | |
| CHF | -0.07% | -0.07% | -0.22% | -0.17% | -0.37% | -0.10% | -0.12% |
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 Japanese Yen, the percentage change displayed in the box will represent EUR (base)/JPY (quote).