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ECB's Villeroy commits to bring inflation back at 2.0% by 2025

European Central Bank (ECB) Governing Council member and Bank of France President, Francois Villeroy de Galhau, said on Thursday that he “commits to an inflation back at 2.0% by 2025.”

Further comments

French economy is slowing but more robust than feared.

Confirm the 2024 growth estimate for French economy of 0.9%.

Market reaction

EUR/USD is unfazed by the above comments, holding higher ground near 1.0985, up 0.13% on the day.

Euro price today

The table below shows the percentage change of Euro (EUR) against listed major currencies today. Euro was the strongest against the .

  USD EUR GBP CAD AUD JPY NZD CHF
USD   -0.09% -0.21% -0.15% -0.27% -0.21% -0.39% -0.14%
EUR 0.10%   -0.11% -0.05% -0.17% -0.12% -0.31% -0.03%
GBP 0.20% 0.12%   0.05% -0.06% -0.02% -0.21% 0.09%
CAD 0.15% 0.06% -0.05%   -0.11% -0.07% -0.24% 0.03%
AUD 0.28% 0.20% 0.08% 0.14%   0.07% -0.13% 0.16%
JPY 0.23% 0.14% 0.02% 0.06% -0.05%   -0.18% 0.09%
NZD 0.39% 0.34% 0.20% 0.25% 0.13% 0.17%   0.30%
CHF 0.13% 0.03% -0.09% -0.03% -0.15% -0.11% -0.28%  

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 Japanese Yen, the percentage change displayed in the box will represent EUR (base)/JPY (quote).

 

FX option expiries for Jan 11 NY cut

FX option expiries for Jan 11 NY cut at 10:00 Eastern Time, via DTCC, can be found below.
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Forex Today: US Dollar struggles to find demand as focus shifts to inflation data

Here is what you need to know on Thursday, January 11: The US Dollar (USD) stays on the back foot early Thursday, with the USD Index retreating toward 102.00 after closing in negative territory on Wednesday.
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