ECB’s Holzmann: 25 bps rate cut is conceivable in December, not more


European Central Bank (ECB) policymaker Robert Holzmann said on Wednesday that a “25 basis points (bps) rate cut is conceivable in December, not more.”

Additional quotes

Nothing decided on next rate move, will depend on data available at December meeting.

Trump is casting a shadow over inflation in Europe, will probably drive up inflation forecast.

Market reaction

EUR/USD was last seen trading 0.07% lower on the day at 1.0500, unperturbed by these comments.

Euro PRICE Today

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

  USD EUR GBP JPY CAD AUD NZD CHF
USD   0.07% 0.07% 0.41% 0.05% 0.92% 0.52% 0.06%
EUR -0.07%   0.00% 0.33% -0.02% 0.86% 0.45% -0.01%
GBP -0.07% -0.00%   0.34% -0.02% 0.86% 0.45% -0.00%
JPY -0.41% -0.33% -0.34%   -0.36% 0.51% 0.10% -0.35%
CAD -0.05% 0.02% 0.02% 0.36%   0.88% 0.48% 0.02%
AUD -0.92% -0.86% -0.86% -0.51% -0.88%   -0.40% -0.85%
NZD -0.52% -0.45% -0.45% -0.10% -0.48% 0.40%   -0.46%
CHF -0.06% 0.00% 0.00% 0.35% -0.02% 0.85% 0.46%  

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).

 

Share: Feed news

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. The author will not be held responsible for information that is found at the end of links posted on this page.

If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.

FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted.

The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.

Recommended content


Recommended content

Editors’ Picks

EUR/USD climbs to multi-week highs near 1.0500 after German and EU PMI data

EUR/USD climbs to multi-week highs near 1.0500 after German and EU PMI data

EUR/USD gathers bullish momentum and rises toward 1.0500 in the European session on Friday. The upbeat PMI data from Germany and the Eurozone, which showed an expansion in the private sector's business activity in January, provide a boost to the Euro and helps the pair push higher.

EUR/USD News
GBP/USD extends daily rally toward 1.2450 on upbeat UK PMI prints

GBP/USD extends daily rally toward 1.2450 on upbeat UK PMI prints

GBP/USD extends its weekly uptrend and trades at a two-week high near 1.2450 on Friday. The better-than-expected preliminary January PMI data from the UK helps Pound Sterling gather strength as market focus shifts to macroeconomic data releases from the US.

GBP/USD News
Gold price bulls take a breather near multi-month top amid positive risk tone

Gold price bulls take a breather near multi-month top amid positive risk tone

Gold price (XAU/USD) enters a bullish consolidation phase during the first half of the European session and oscillates in a range above the $2,770 area, near a multi-month top touched earlier this Friday.

Gold News
Dogelon Mars pumps more than 85%, whales dump 128 billion coins and realize a profit

Dogelon Mars pumps more than 85%, whales dump 128 billion coins and realize a profit

Dogelon Mars (ELON) price continues its rally on Friday after rallying more than 18% this week. On-chain data shows that ELON whale wallets realized profits during the recent surge. The technical outlook suggests a rally continuation of the dog-theme meme coin, targeting double-digit gains ahead.

Read more
Federal Reserve set for an extended pause

Federal Reserve set for an extended pause

After 100bp of rate cuts the Fed has signalled it needs evidence of economic weakness and more subdued inflation prints to justify further policy loosening. President Trump’s low tax, light-touch regulation policies should be good news for growth.

Read more
Trusted Broker Reviews for Smarter Trading

Trusted Broker Reviews for Smarter Trading

VERIFIED Discover in-depth reviews of reliable brokers. Compare features like spreads, leverage, and platforms. Find the perfect fit for your trading style, from CFDs to Forex pairs like EUR/USD and Gold.

Read More

Forex MAJORS

Cryptocurrencies

Signatures