ECB’s Kocher: Stronger Euro could become a problem for exporters
In an interview published in the Austrian newspaper, Oberoesterreichische Nachrichten, on Monday, European Central Bank (ECB) Governing Council member Martin Kocher said that "at the moment, I would not yet describe the exchange rate as a risk" when asked about the Euro-US Dollar rate.

In an interview published in the Austrian newspaper, Oberoesterreichische Nachrichten, on Monday, European Central Bank (ECB) Governing Council member Martin Kocher said that "at the moment, I would not yet describe the exchange rate as a risk" when asked about the Euro-US Dollar rate.

There had recently been a "constant" appreciation of the Euro and "if the current trend continues, it could become problematic for export-oriented industry at some point,” Kocher noted further.

Market reaction

EUR/USD was last seen trading 0.03% higher on the day at 1.1738.

Euro Price Today

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

USD EUR GBP JPY CAD AUD NZD CHF
USD -0.02% -0.21% -0.12% -0.03% -0.30% -0.17% 0.00%
EUR 0.02% -0.15% -0.16% -0.00% -0.24% -0.19% 0.02%
GBP 0.21% 0.15% 0.08% 0.15% -0.09% -0.04% 0.06%
JPY 0.12% 0.16% -0.08% 0.07% -0.12% -0.06% 0.14%
CAD 0.03% 0.00% -0.15% -0.07% -0.16% -0.18% -0.09%
AUD 0.30% 0.24% 0.09% 0.12% 0.16% 0.05% 0.22%
NZD 0.17% 0.19% 0.04% 0.06% 0.18% -0.05% 0.10%
CHF -0.01% -0.02% -0.06% -0.14% 0.09% -0.22% -0.10%

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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LIVE QUOTES

Name / Symbol
Chart
% Change / Price
GBPUSD
1 D change
+0%
0
EURUSD
1 D change
+0%
0
USDJPY
1 D change
+0%
0

ALL ABOUT FOREX

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