ECB President Christine Lagarde informed the Governing Council and European Council President António Costa that she will step down on 7 February 2027. Her successor will be appointed by the European Council through the nomination process set out in Article 283 of the Treaty on the Functioning of the European Union. The Governing Council thanked her warmly and gave her a long standing ovation.
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EUR/USD
• NeutralRelevance: low
| Market | Currencies |
|---|---|
| Close on 10/28/2026 | 1.11540 |
| Change that session | +0.24% |
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