- EURUSD held steady during Lagarde's speach
- Eurozone inflation consistent with mid-term 2% target
- Growth risks include weak exports and stronger euro
- EURUSD held steady during Lagarde's speach
- Eurozone inflation consistent with mid-term 2% target
- Growth risks include weak exports and stronger euro
EURUSD held steady during Christine Lagarde’s speech at the European Parliament, staying just a few pips below the key resistance level near 1.172. The world’s most traded currency pair is currently down 0.1%.
Lagarde largely reiterated the ECB’s official stance on monetary policy, emphasizing that the disinflation phase in the Eurozone has ended and inflation is now aligned with the medium-term 2% target. She noted that the labor market remains a key source of strength for the EU economy, while moderating wage growth helps limit inflation risks. Lagarde added that growth risks should ease next year, though slowing exports and a stronger euro may continue to weigh on the region’s outlook.
Lagarde’s remarks on economic growth seem to be on an optimistic note, given the mixed outlook painted by the most recent PMI report for the EU economies, as well as major fiscal and political struggles weighing on growth prospects in France or Germany.
Source: xStation5
Cameco Shares Hit Record Highs Following Strategic Partnership Announcement with the US!
UnitedHealth Group: Q3 2025 Results and Outlook Point to a Recovery!
PayPay - Double digit gains on earnings and OpenAI cooperation
US OPEN: Quarterly Earnings Support U.S. Stock Gains
The content of this report has been created by XTB S.A., with its registered office in Warsaw, at Prosta 67, 00-838 Warsaw, Poland, (KRS number 0000217580) and supervised by Polish Supervision Authority ( No. DDM-M-4021-57-1/2005). This material is a marketing communication within the meaning of Art. 24 (3) of Directive 2014/65/EU of the European Parliament and of the Council of 15 May 2014 on markets in financial instruments and amending Directive 2002/92/EC and Directive 2011/61/EU (MiFID II). Marketing communication is not an investment recommendation or information recommending or suggesting an investment strategy within the meaning of Regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse (market abuse regulation) and repealing Directive 2003/6/EC of the European Parliament and of the Council and Commission Directives 2003/124/EC, 2003/125/EC and 2004/72/EC and Commission Delegated Regulation (EU) 2016/958 of 9 March 2016 supplementing Regulation (EU) No 596/2014 of the European Parliament and of the Council with regard to regulatory technical standards for the technical arrangements for objective presentation of investment recommendations or other information recommending or suggesting an investment strategy and for disclosure of particular interests or indications of conflicts of interest or any other advice, including in the area of investment advisory, within the meaning of the Trading in Financial Instruments Act of 29 July 2005 (i.e. Journal of Laws 2019, item 875, as amended). The marketing communication is prepared with the highest diligence, objectivity, presents the facts known to the author on the date of preparation and is devoid of any evaluation elements. The marketing communication is prepared without considering the client’s needs, his individual financial situation and does not present any investment strategy in any way. The marketing communication does not constitute an offer of sale, offering, subscription, invitation to purchase, advertisement or promotion of any financial instruments. XTB S.A. is not liable for any client’s actions or omissions, in particular for the acquisition or disposal of financial instruments, undertaken on the basis of the information contained in this marketing communication. In the event that the marketing communication contains any information about any results regarding the financial instruments indicated therein, these do not constitute any guarantee or forecast regarding the future results.
