ECB’s Muller: Slower inflation rises the chances of a June rate cut

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ECB’s Muller: Slower inflation rises the chances of a June rate cut
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European Central Bank (ECB) policymaker Madis Muller said on Friday that “slower inflation rises the chances of a June rate cut.” Muller added that “there are more signs the economy is strengthening.” Market reaction At the time of writing, EUR/USD is testing lows near 1.0675, down 0.42% on the day.

European Central Bank policymaker Madis Muller said on Friday that “slower inflation rises the chances of a June rate cut.” Muller added that“there are more signs the economy is strengthening.” Market reaction At the time of writing,EUR/USDis testing lows near 1.0675, down 0.42% on the day. Euro price today The table below shows the percentage change of Euro against listed major currencies today. Euro was the weakest against the US Dollar. USD EUR GBP CAD AUD JPY NZD CHF USD 0.42% 0.32% 0.27% 0.

07% -0.06% CAD -0.27% 0.17% 0.08% 0.12% -0.20% 0.15% 0.01% AUD -0.42% 0.00% -0.06% -0.15% -0.35% -0.02% -0.14% JPY -0.06% 0.35% 0.25% 0.21% 0.34% 0.34% 0.22% NZD -0.42% 0.01% -0.09% -0.15% -0.02% -0.35% -0.14% CHF -0.30% 0.16% 0.08% -0.02% 0.14% -0.21% 0.12% 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.

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