Read more
5:23 PM ยท 6 October 2025

EURUSD muted after Lagarde's status quo remarks ๐Ÿ’ถ ๐Ÿ“Œ

Key takeaways
EUR/USD
Forex
-
-
Key takeaways
  • 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

 

6 November 2025, 7:23 PM

Daily summary: Optimism on Wall Street eases again๐Ÿ—ฝUS Dollar drops from recent highs

6 November 2025, 6:48 PM

Coffee futures drop as huge Brazilian shipping to Europe eases supply concerns

6 November 2025, 6:36 PM

Cocoa falls 3% amid improving crops in West Africa

6 November 2025, 6:12 PM

Crypto decline amid weak sentiments on Wall Street ๐Ÿ“‰

Join over 2 000 000 XTB Group Clients from around the world

The financial instruments we offer, especially CFDs, can be highly risky. Fractional Shares (FS) is an acquired from XTB fiduciary right to fractional parts of stocks and ETFs. FS are not a separate financial instrument. The limited corporate rights are associated with FS.
This page was not created for investors residing in Brazil. This brokerage is not authorized by the Comissรฃo de Valores Mobiliรกrios (CVM) or the Brazilian Central Bank (BCB). The content of this page should not be characterized as an investment offer in Brazil or for investors residing in that country.
Losses can exceed deposits