Christine LagardePresident of European Central Bank (ECB), explains the ECB’s decision to reduce key rates by 25 basic points at the April monetary policy meeting and answer the press questions.
Key quotes
“The decision was unanimous.”
“Options were discussed, nobody advocated a 50 PB cut.”
“Tariffs are a negative demand shock.”
“The net impact of tariffs on inflation will only be clearer over time.”
“There are divergent opinions on the impact in the short and long term, developments.”
Euro price today
The lower table shows the percentage of euro change (EUR) compared to the main currencies today. Euro was the weakest currency 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 the percentage changes of the main currencies. The base currency is selected from the left column, while the contribution currency is selected in the upper row. For example, if you choose the euro of the left column and move along the horizontal line to the US dollar, the percentage change shown in the box will represent the EUR (base)/USD (quotation).
Source: Fx Street
I am Joshua Winder, a senior-level journalist and editor at World Stock Market. I specialize in covering news related to the stock market and economic trends. With more than 8 years of experience in this field, I have become an expert in financial reporting.
