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Trade protectionism is a key risk to economic outlook

Trade protectionism is a key risk to economic outlook

European Central Bank (ECB) policymaker Olli Rehn said on Wednesday, “trade protectionism is a key risk to economic outlook.”

Additional quotes

“The ECB is not pre-committing to a particular rate path.”

“Disinflation is on track and growth outlook has weakened.”

Market reaction

EUR/USD keeps its range near 1.0800 following these comments, down 0.16% so far.

Euro PRICE Today

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

USD EUR GBP JPY CAD AUD NZD CHF
USD -0.04% -0.05% -0.01% 0.03% -0.48% -0.74% 0.11%
EUR 0.04% 0.02% 0.03% 0.09% -0.42% -0.70% 0.17%
GBP 0.05% -0.02% 0.04% 0.07% -0.43% -0.69% 0.16%
JPY 0.01% -0.03% -0.04% 0.03% -0.49% -0.76% 0.10%
CAD -0.03% -0.09% -0.07% -0.03% -0.51% -0.75% 0.09%
AUD 0.48% 0.42% 0.43% 0.49% 0.51% -0.26% 0.59%
NZD 0.74% 0.70% 0.69% 0.76% 0.75% 0.26% 0.85%
CHF -0.11% -0.17% -0.16% -0.10% -0.09% -0.59% -0.85%

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).

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