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Home Forex

ECB’s Rehn: Disinflation is on track and the growth outlook is weakening

by Press Room
May 9, 2025
in Forex
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European Central Bank (ECB) policymaker Olli Rehn commented on the inflation and growth outlook on Friday.

Rehn said that “disinflation is on track and the growth outlook is weakening.”

Market reaction

At the time of writing, EUR/USD has regained 1.1250, up 0.23% so far.

Euro PRICE Today

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

USD EUR GBP JPY CAD AUD NZD CHF
USD -0.23% -0.14% -0.51% -0.07% -0.20% 0.03% -0.22%
EUR 0.23% 0.09% -0.28% 0.16% 0.03% 0.25% -0.00%
GBP 0.14% -0.09% -0.37% 0.07% -0.06% 0.16% -0.05%
JPY 0.51% 0.28% 0.37% 0.44% 0.31% 0.52% 0.32%
CAD 0.07% -0.16% -0.07% -0.44% -0.14% 0.09% -0.13%
AUD 0.20% -0.03% 0.06% -0.31% 0.14% 0.22% 0.00%
NZD -0.03% -0.25% -0.16% -0.52% -0.09% -0.22% -0.22%
CHF 0.22% 0.00% 0.05% -0.32% 0.13% -0.01% 0.22%

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).

Read the full article here

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