{"id":89882,"date":"2023-09-25T19:39:00","date_gmt":"2023-09-25T15:39:00","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=89882"},"modified":"2023-09-25T18:35:45","modified_gmt":"2023-09-25T14:35:45","slug":"euro-retreats-on-lagardes-comments","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/euro-retreats-on-lagardes-comments\/09\/25\/market-updates\/","title":{"rendered":"Euro retreats on Lagarde&#8217;s comments"},"content":{"rendered":"\n<p>In her speech prepared for delivery before the European Parliament&#8217;s Committee on Economic and Monetary Affairs, European Central Bank President Christine Lagarde noted that recent indicators point to a further weakness in the economic activity in the third quarter.<br><br>Lagarde elaborated by noting a moderation in job creation in the services sector and an overall slowdown of momentum.<br><br>Commenting on inflation developments, she said that inflation is forecast to remain &#8220;too high for too long&#8221; despite the recent decline.<br><br>ECB President also said that they are aiming to conclude the monetary policy framework review by Spring 2024, later tan the end-2023 previously planned. <br><br>The EUR\/USD pair is seen under pressure following Lagarde&#8217;s comments and it was last seen losing 0.60% on the day at 1.0581.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In her speech prepared for delivery before the European Parliament&#8217;s Committee on Economic and Monetary Affairs, European Central Bank President Christine Lagarde noted that recent indicators point to a further weakness in the economic activity in the third quarter.Lagarde elaborated by noting a moderation in job creation in the services sector and an overall slowdown &hellip;<\/p>\n","protected":false},"author":13,"featured_media":77027,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[37,36],"tags":[6928,7199,7580],"class_list":["post-89882","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-forex-markets","category-market-updates","tag-euro","tag-lagarde","tag-monetary-policy"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/89882","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=89882"}],"version-history":[{"count":2,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/89882\/revisions"}],"predecessor-version":[{"id":89928,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/89882\/revisions\/89928"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/77027"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=89882"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=89882"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=89882"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}