European Central Bank (ECB) policymaker Isabel Schnabel said on Tuesday that “QE may have weakened the transmission of monetary policy during the recent tightening cycle.” “In a bank-based economy targeted longer-term refinancing operations can provide substantial support with a smaller footprint,” she added.
European Central Bank policymaker Isabel Schnabel said on Tuesday that “QE may have weakened the transmission of monetary policy during the recent tightening cycle.” “In a bank-based economy targeted longer-term refinancing operations can provide substantial support with a smaller footprint,” she added. Market reaction EUR/USD is trading 0.18% higher on the day at 1.0877, as of writing. Euro PRICE Today The table below shows the percentage change of Euro against listed major currencies today.
07% -0.00% -0.02% GBP 0.08% -0.09% -0.04% -0.03% -0.14% -0.09% -0.11% JPY 0.13% -0.03% 0.04% 0.04% -0.09% -0.03% -0.02% CAD 0.10% -0.05% 0.03% -0.04% -0.14% -0.07% -0.08% AUD 0.24% 0.07% 0.14% 0.09% 0.14% 0.06% 0.03% NZD 0.21% 0.00% 0.09% 0.03% 0.07% -0.06% -0.01% CHF 0.18% 0.02% 0.11% 0.02% 0.08% -0.03% 0.00% 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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