Lagarde speech: We have started to see second-round effects
The European Central Bank (ECB) President Christine Lagarde said on Monday that she can only welcome what a peace deal means for Hormuz. Lagarde added that the central bank has started to see second-round effects.
Key quotes
We can only welcome what a peace deal means for Hormuz.
We have started to see second-round effects.
We are looking very closely at services.
Market reaction
At the time of writing, the EUR/USD pair is up 0.40% on the day at 1.1615.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Ethereum reclaims $2,431 as buyers absorb rate hike and regulatory setback
Why Did U.S. Bank Stocks Plunge This Week? Bank of America's Warning Was Only the Trigger —Inflation Is the "Invisible Killer"
The KBW Bank Index closed down 2.9% on Wednesday, marking the largest single-day decline since February. The index's weekly loss has widened to 5%.
Solana Price Today: SOL Holds $100 as Bullish Trend Fights Fading Momentum
Indian Rupee: RBI liquidity withdrawal tempers risks – Commerzbank
Crypto prices
More
