Reuters: ECB's strategic review supports past stimulus policies

According to the latest report from Reuters, a number of European Central Bank (ECB) policy makers revealed on Tuesday that the ECB's strategic review will largely continue the previous policy path and support past stimulus measures, including quantitative easing (QE), even if some policymakers have different opinions on this.


Policymakers added that after the strategic review, once interest rates and inflation are low, the ECB will always emphasize the need for "strong action.

Reuters news also pointed out that the strategy document may make it clear that the European Central Bank is performing its duties in a market environment full of high uncertainty, and once again firmly committed to pursuing a "symmetrical" 2% inflation target, which indicates that whether inflation is below or Above the target value, are not in line with expectations.

Today's Euro Price

The following table shows the percentage change in the Euro (EUR) against the listed major currencies. The euro is strongest against the dollar.


USDEuroPound SterlingJPYCADAUDNZDSwiss Franc
USD
-0.23%-0.18%-0.43%-0.07%-0.59%-0.59%-0.34%
Euro0.23%
0.05%-0.18%0.15%-0.35%-0.34%-0.08%
Pound Sterling0.18%-0.05%
-0.23%0.10%-0.41%-0.41%-0.13%
JPY0.43%0.18%0.23%
0.36%-0.17%-0.19%0.13%
CAD0.07%-0.15%-0.1%-0.36%
-0.60%-0.52%-0.24%
AUD0.59%0.35%0.41%0.17%0.60%
0.01%0.28%
NZD0.59%0.34%0.41%0.19%0.52%-0.01%
0.26%
Swiss Franc0.34%0.08%0.13%-0.13%0.24%-0.28%-0.26%

The heat map shows the percentage changes of the major currencies against each other. The base currency is selected from the left column and the quote currency is selected from the top row. For example, if you select EUR from the left column and move along the horizontal line to USD, the percentage change shown in the box will represent EUR (base)/USD (quote).


From the market feedback, the euro/dollar exchange rate is less affected by this news. At the time of writing, the pair was up 0.23 per cent on the day and was quoted at 1.1115.
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