European Central Bank President Christine Lagarde said on Friday that she expects inflation to begin to slow from January, according to Reuters. We will take action if it becomes necessary, she added, before stating that, under the current conditions, she expects we will no longer need net bond purchases under the PEPP by the Spring. 

Market reaction

The euro hasn't seen much of a reaction to the latest comments from ECB President Lagarde in recent trade. EUR/USD continues to flirt with the 1.1300 level. 

Note: All information on this page is subject to change. The use of this website constitutes acceptance of our user agreement. Please read our privacy policy and legal disclaimer. Opinions expressed at FXstreet.com are those of the individual authors and do not necessarily represent the opinion of FXstreet.com or its management. Risk Disclosure: Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.

Feed news Join Telegram

Recommended content


Recommended content

Editors’ Picks

EUR/USD holds above 1.0200 amid renewed dollar weakness

EUR/USD holds above 1.0200 amid renewed dollar weakness

EUR/USD has extended its recovery after having advanced beyond 1.0200 in the American session. The greenback continues to weaken against its rivals amid the positive shift witnessed in market mood and fueling the pair's recovery in the second half of the day.

EUR/USD News

GBP/USD clings to modest daily gains above 1.2100

GBP/USD clings to modest daily gains above 1.2100

GBP/USD continues to trade in positive territory above 1.2100 and remains on track to post daily gains. The improving market mood is making it hard for the dollar to outperform its rivals ahead of this week's key inflation report, allowing the pair to stretch higher.

GBP/USD News

Gold bulls looking to overcome the $1,800 barrier

Gold bulls looking to overcome the $1,800 barrier

Gold advanced on Monday, reaching an intraday high of $1,790.01 a troy ounce during the American afternoon, holding nearby. The greenback gave back the Nonfarm Payrolls report-inspired gains and eased on the back of retreating US government bond yields.

Gold News

Top 3 Price Prediction Bitcoin, Ethereum, Ripple: Are your bags packed for FOMO Season?

Top 3 Price Prediction Bitcoin, Ethereum, Ripple: Are your bags packed for FOMO Season?

The crypto market shows strength to start the second trading week of August, and key levels have been identified. Although it's still early market, current prices may be the ultimate discount in hindsight.

Read more

FXStreet Premium users exceed expectations

FXStreet Premium users exceed expectations

Tap into our 20 years Forex trading experience and get ahead of the markets. Maximize our actionable content, be part of our community, and chat with our experts. Join FXStreet Premium today!

BECOME PREMIUM

Forex MAJORS

Cryptocurrencies

Signatures