Created
: 2025.06.24
- English
- English
- What's Myforex
- Share
- Use tools
- Get information
- What's New
- Help center
- About us
- Customer support
- Terms and policies
-
-
PortfolioShare your portfolio and performance in real time -
Events & contestsEvents and contests held by retail brokers around the world
-
-
Real-time spread comparisonCompare spreads of major retail brokers in real time -
Volatility analysisVisualize volatility as a measure of daily market activity -
Swap point comparisonCompare buy and sell swap values for each broker by symbol -
Market rates & chartsCheck prices for all instruments offered by each broker -
IndicatorsProviding in-house developed indicators for MT4/MT5 -
Trading calculatorsCalculation tools for each broker to help you trade
-
-
World FX newsLatest news on forex and cryptocurrencies from around the world -
Broker informationTrading information of retail brokers worldwide -
MetaTrader4/5 user guideUser guide collection for the latest MetaTrader4/5 -
Economic calendarRelease calendar for indicators from official sources of major economies
ECB's Villeroy: ECB could still cut rates despite oil market volatility
World FX news
Breaking news
ECB's Villeroy: ECB could still cut rates despite oil market volatility
New
2025.06.24 18:07
2025.06.24 18:07
2025.06.24 18:07
European Central Bank (ECB) policymaker Francois Villeroy de Galhau told the Financial Times on Tuesday that the ECB could still cut rates despite the volatility seen in the oil market, per Reuters.
"If we look at the present assessment of markets so far, inflation expectations remain moderate," Villeroy added.
Market reaction
These comments failed to trigger a noticeable market reaction. At the time of press, EUR/USD was trading at 1.1595, rising about 0.15% on a daily basis.
These comments received a dovish score of 3.6 from FXStreet's ECB Speech Tracker.
ECB FAQs
The European Central Bank (ECB) in Frankfurt, Germany, is the reserve bank for the Eurozone. The ECB sets interest rates and manages monetary policy for the region. The ECB primary mandate is to maintain price stability, which means keeping inflation at around 2%. Its primary tool for achieving this is by raising or lowering interest rates. Relatively high interest rates will usually result in a stronger Euro and vice versa. The ECB Governing Council makes monetary policy decisions at meetings held eight times a year. Decisions are made by heads of the Eurozone national banks and six permanent members, including the President of the ECB, Christine Lagarde.
In extreme situations, the European Central Bank can enact a policy tool called Quantitative Easing. QE is the process by which the ECB prints Euros and uses them to buy assets - usually government or corporate bonds - from banks and other financial institutions. QE usually results in a weaker Euro. QE is a last resort when simply lowering interest rates is unlikely to achieve the objective of price stability. The ECB used it during the Great Financial Crisis in 2009-11, in 2015 when inflation remained stubbornly low, as well as during the covid pandemic.
Quantitative tightening (QT) is the reverse of QE. It is undertaken after QE when an economic recovery is underway and inflation starts rising. Whilst in QE the European Central Bank (ECB) purchases government and corporate bonds from financial institutions to provide them with liquidity, in QT the ECB stops buying more bonds, and stops reinvesting the principal maturing on the bonds it already holds. It is usually positive (or bullish) for the Euro.
Last updated
: 2025.06.24
Related articles
Fed's Hammack: Policy could be on hold for quite some time as Fed seeks clarity
8 minutes agoEUR/GBP Price Forecast: Bulls test key resistance as momentum indicators cool
26 minutes agoUSD/CAD edges lower as Canada's inflation steadies in May
34 minutes agoJPY outshines G10 on policy shift - Scotiabank
2025.06.24 21:05USD/INR extends losses as Iran-Israel ceasefire weighs on Oil, US Dollar
2025.06.24 21:00GBP is ignoring softer CBI sentiment - Scotiabank
2025.06.24 20:56
FXStreet is a forex information website, delivering market analysis and news articles 24/7.
It features a number of articles contributed by well-known analysts, in addition to the ones by its editorial team.
Founded in 2000 by Francesc Riverola, a Spanish economist, it has grown to become a world-renowned information website.
Was this article helpful?
We hope you find this article useful. Any comments or suggestions will be greatly appreciated.
We are also looking for writers with extensive experience in forex and crypto to join us.
please contact us at [email protected].
Thank you for your feedback.
Thank you for your feedback.
Most viewed
Gold falls as Israel-Iran ceasefire lifts risk appetite and Fed Powell testifies
Gold prices are falling on Tuesday as investors flee from safe-haven assets after the announcement of a ceasefire between Israel and Iran.
New
2025.06.24 22:29Fed's Hammack: Policy could be on hold for quite some time as Fed seeks clarity
Federal Reserve (Fed) Bank of Cleveland President Beth Hammack said on Tuesday that the rate policy could remain on hold for quite some time as the Fed seeks clarity, per Reuters.
New
2025.06.24 22:24EUR/GBP Price Forecast: Bulls test key resistance as momentum indicators cool
The Euro (EUR) is slipping against the Pound today, putting the brakes on a solid run that saw buyers firmly in control for nearly two weeks. The EUR/GBP cross is edging lower, trading around 0.8527 during the American trading hours, down about 0.40% on the day.
New
2025.06.24 22:06USD/CAD edges lower as Canada's inflation steadies in May
The Canadian Dollar (CAD) is reacting to the latest Consumer Price Index (CPI) data released by Statistics Canada on Tuesday, which showed inflation steadying in May.
New
2025.06.24 21:58Copper market tight at the short end, and in the medium term? - Commerzbank
The significant decline in available Copper stocks registered on the LME is also having an impact on the Copper market: The forward curve at the front end is in massive backwardation; the spot price for a ton of Copper climbed back above $10,000 yesterday, bringing the premium on the 3-month contrac
New
2025.06.24 21:12JPY outshines G10 on policy shift - Scotiabank
The Japanese yen (JPY) is strengthening sharply, climbing 0.8% against the US Dollar (USD) and outperforming most G10 currencies, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.
New
2025.06.24 21:05USD/INR extends losses as Iran-Israel ceasefire weighs on Oil, US Dollar
The USD/INR pair falls on Tuesday for a third consecutive day, as a pullback in global Crude Oil prices and a weaker Greenback improved the outlook for India's trade balance.
New
2025.06.24 21:00GBP is ignoring softer CBI sentiment - Scotiabank
Pound Sterling (GBP) is up a notable 0.6% vs. the US Dollar (USD), extending Monday's impressive gains and pushing back toward its recent multi-year high from mid-June, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.
New
2025.06.24 20:56CAD underperforms but charts point to recovery - Scotiabank
The Canadian Dollar (CAD) is tracking a little higher on the session, with the broader drop in the USD and rebound in risk appetite overshadowing the sharp slide in crude oil prices, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.
New
2025.06.24 20:54Gold price resilient thanks to speculation about US interest rate cuts - Commerzbank
While the Oil price fell significantly after Iran's counterattack, which was widely seen as symbolic rather than a step towards further escalation of the conflict, the Gold price remained resilient yesterday, Commerzbank's Head of FX and Commodity Research Thu Lan Nguyen notes.
New
2025.06.24 20:41Disclaimer:
All information and content provided on this website is provided for informational purposes only and is not intended to solicit any investment. Although all efforts are made in order to ensure that the information is correct, no guarantee is provided for the accuracy of any content on this website. Any decision made shall be the responsibility of the investor and Myforex does not take any responsibility whatsoever regarding the use of any information provided herein.
The content provided on this website belongs to Myforex and, where stated, the relevant licensors. All rights are reserved by Myforex and the relevant licensors, and no content of this website, whether in full or in part, shall be copied or displayed elsewhere without the explicit written permission of the relevant copyright holder. If you wish to use any part of the content provided on this website, please ensure that you contact Myforex.
Myforex uses cookies to improve the convenience and functionality of this website. This website may include cookies not only by us but also by third parties (advertisers, log analysts, etc.) for the purpose of tracking the activities of users. Cookie policy
