ECB’s Villeroy: Policy normalization in the Euro area is probably not complete
European Central Bank (ECB) policymaker Francois Villeroy de Galhau said on Tuesday that “policy normalization in the Euro area is probably not complete.”
Additional quotes
We are likely to see that to be the case at our meeting next week.
French inflation is a positive indicator.
Market reaction
EUR/USD is losing 0.32% on the day to trade at 1.1345 when writing.
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 | 0.35% | 0.21% | 0.50% | 0.12% | 0.59% | 0.56% | 0.38% | |
| EUR | -0.35% | -0.16% | 0.15% | -0.23% | 0.15% | 0.11% | 0.00% | |
| GBP | -0.21% | 0.16% | 0.33% | -0.07% | 0.29% | 0.28% | 0.13% | |
| JPY | -0.50% | -0.15% | -0.33% | -0.36% | 0.09% | -0.01% | -0.11% | |
| CAD | -0.12% | 0.23% | 0.07% | 0.36% | 0.44% | 0.35% | 0.20% | |
| AUD | -0.59% | -0.15% | -0.29% | -0.09% | -0.44% | -0.12% | -0.26% | |
| NZD | -0.56% | -0.11% | -0.28% | 0.01% | -0.35% | 0.12% | -0.17% | |
| CHF | -0.38% | -0.00% | -0.13% | 0.11% | -0.20% | 0.26% | 0.17% |
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).
Author
Dhwani Mehta
FXStreet
Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.
