Lagarde speech: Options were debated, no one argued for 50 bps cut
|Christine Lagarde, President of the European Central Bank (ECB), explains the ECB's decision to lower key rates by 25 basis points at the April policy meeting and responds to questions from the press.
Key quotes
"The decision was unanimous."
"Options were debated, no one argued for a 50 bps cut."
"Tariffs are a negative demand shock."
"Net impact of tariffs on inflation only clearer over time."
"There are diverging views on short- and long-term impact, developments."
Euro PRICE Today
The table below shows the percentage change of Euro (EUR) against listed major currencies today. Euro was the weakest against the New Zealand Dollar.
| USD | EUR | GBP | JPY | CAD | AUD | NZD | CHF | |
|---|---|---|---|---|---|---|---|---|
| USD | 0.25% | -0.04% | 0.28% | 0.15% | -0.13% | -0.36% | 0.57% | |
| EUR | -0.25% | -0.33% | 0.02% | -0.13% | -0.39% | -0.65% | 0.28% | |
| GBP | 0.04% | 0.33% | 0.36% | 0.20% | -0.06% | -0.30% | 0.63% | |
| JPY | -0.28% | -0.02% | -0.36% | -0.15% | -0.43% | -0.75% | 0.27% | |
| CAD | -0.15% | 0.13% | -0.20% | 0.15% | -0.25% | -0.51% | 0.43% | |
| AUD | 0.13% | 0.39% | 0.06% | 0.43% | 0.25% | -0.25% | 0.68% | |
| NZD | 0.36% | 0.65% | 0.30% | 0.75% | 0.51% | 0.25% | 0.94% | |
| CHF | -0.57% | -0.28% | -0.63% | -0.27% | -0.43% | -0.68% | -0.94% |
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).
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.