Tag Archives: ECB

The EUR/GBP pair is currently trading near 0.8560, with the pair testing the low end but still trapped within near-term consolidation.The midweek sees a doubleheader from the BoE and the ECB, with markets focusing on press statements and investors weighing degrees of hawkishness. The pair is down a tenth of …

The Swiss Franc is experiencing a weakening trend in most pairs due to stronger US data, which has buoyed market sentiment. The Federal Reserve, European Central Bank, and Bank of England are all scheduled to make announcements after their meetings this week. The improved outlook for the US on Friday’s …

Germany’s 10-year yield fell 7.5 basis points to 2.272%, marking its biggest biweekly fall since mid-March. The US economy added more jobs than expected last month, dampening expectations for rate cuts from the Federal Reserve early next year. The Labour Department reported that non-farm payrolls rose by 199,000 in November, …

The EUR/GBP pair has drawn tight as both currencies mix on Thursday. The Euro remains steeply off of recent highs against the Pound Sterling. The Euro is lacking momentum after a miss on Eurozone GDP.The EUR/GBP has been trading in a tight range through the week just above 0.8550 after …

The Euro lost ground against the US Dollar, causing it to retreat to three-week lows around the 1.0820 TERRITORY at the beginning of the trading week. However, the dollar is enjoying buying interest around 103.70, flirting with the area of multi-session tops and surpassing the key 200-day SMA. The Euro …

The EUR/USD pair declined below the 1.09 mark. Economists at Société Générale analyze the pair’s outlook. At the time of writing, the pair is trading at 1.08548, down −0.00303 by almost −0.28%The pace of EUR/USD appreciation should be gradual. The 10Y Bund dropped to 2.395%, extending the correction to 60 …

The final GDP for France’s third quarter fell by 0.1% from the preliminary estimate, and the euro is currently trading at 1.0893. The preliminary CPI for France in November was +3.4%, suggesting that rate cuts in the Eurozone might occur sooner rather than later. This is because the economy is …

The Eurozone Harmonised Index of Consumer Prices (HICP) rose by 2.4% on an annual basis in November, marking a decrease from October’s 2.9% increase, according to official data published by Eurostat on Thursday. This figure fell short of market expectations, which anticipated a 2.7% print. In November, Core HICP inflation …

The dollar rose on Wednesday after falling to its lowest level in more than three months on hopes that the Federal Reserve will cut interest rates soon. The New Zealand dollar was one of the best performing currencies, rising 0.49 percent to $0.6166 after the Reserve Bank of New Zealand …

ECB President Lagarde participated through a pre-recorded video at the European Financial Reporting Advisory Group Conference, in Brussels, and mentioned quantitative tightening (QT). Among other things, Lagarde said QT will come up for “discussion and consideration within the governing council in the not-too-distant future.”Financial markets ignored Lagarde’s words and focused …