The ECB’s Elderson warns of risks to economic growth materializing

VaselineOctober 8, 2024

0 1 minute read

The ECB’s Elderson warns of risks to economic growth materializing

Frank Elderson, the vice president of the Supervisory Board of the European Central Bank (ECB), warned that the risks to economic growth are materializing in an interview with the Slovenian daily Delo on Tuesday.

Additional comments

Open mind before the October meeting.

ECB decisions are taken meeting by meeting.

It urges a careful assessment of the implications of inflation.

Market reaction

EUR/USD is clinging to recent gains near 1.0985 at the time of writing.

EURO PRICE Today

The table below shows the percentage change of the Euro (EUR) against the main listed currencies today. The euro was strongest against the Australian dollar.

	USD	EURO	GBP	JPY	CAD	AUD	NZD	CHF
USD		-0.08%	-0.07%	-0.18%	0.04%	0.44%	0.05%	-0.08%
EURO	0.08%		0.02%	-0.08%	0.13%	0.52%	0.12%	0.00%
GBP	0.07%	-0.02%		-0.10%	0.09%	0.50%	0.09%	-0.01%
JPY	0.18%	0.08%	0.10%		0.34%	0.63%	0.20%	0.12%
CAD	-0.04%	-0.13%	-0.09%	-0.34%		0.40%	0.00%	-0.11%
AUD	-0.44%	-0.52%	-0.50%	-0.63%	-0.40%		-0.41%	-0.50%
NZD	-0.05%	-0.12%	-0.09%	-0.20%	-0.01%	0.41%		-0.10%
CHF	0.08%	-0.01%	0.00%	-0.12%	0.11%	0.50%	0.10%

The heatmap shows the percentage changes of major currencies against each other. The base currency is chosen from the left column, while the quoted currency is chosen from the top row. For example, if you choose Euro from the left column and move along the horizontal line to the US Dollar, the percentage change shown in the box will be EUR (base)/USD (quote).

VaselineOctober 8, 2024

0 1 minute read

Additional comments

Market reaction

EURO PRICE Today

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