EUR/USD rebounds, as ECB President Draghi does not clearly state quantitative easing is upcoming
Trading EUR/USD staged a rally after touching a two-year low, following ECB President Draghi did not make it clear quantitative easing was imminent. On Thursday, the euro rebounded after hitting a two-year low More...
US Dollar slumps following October US jobs report
The US dollar declined on Friday after the release of the October US jobs report, as tightening of US monetary policy is expected next year. The US dollar lost some ground on Friday in the wake of the October US More...
US state that ECB actions might be insufficient to stop the euro zone from repeatedly sinking into a recession
The US issued another warning regarding the struggling European economy, pointing out that Germany can help by boosting consumer spending, and said further ECB actions may be warranted. The US issued yet another More...
ECB starts purchasing rebundled debt in weeks
ECB announced its plans for buying rebundled debt packets in the coming weeks, to boost the flagging euro zone economy. The European Central Bank announced on Thursday it is planning the purchases оf rebundled More...
US dollar gains as Fed’s monetary path diverges from the ones of ECB and BOJ
The US dollar traded higher against other major currencies on Wednesday, with investors eager to see the anticipated end of the Fed’s bond-purchasing program. The US dollar traded higher against other major currencies More...
ECB struggles to salvage euro zone from deflation, while the Fed sees US economy recovering
As the ECB is to announce a new attempt to steer the euro zone away from deflation, US jobs data to be released on Friday are expected to show the US economy is recovering, and the time has come for the Fed to suspend More...
The EUR/USD trades near 2-year lows after the GFK report stirs market anxiety
The euro remained under pressure on Friday, as the GFK consumer climate report came out below its previous value and below analysts’ expectations, making markets anxious about the perspectives in front of the More...
EUR/USD retreats following ECB Draghi’s warning of a slowdown in the euro zone recovery
The EUR/USD retreated on Monday, after ECB President Mario Draghi warned euro zone recovery is slowing down, and further momentum loss is possible. The euro slid gainst the greenback on Monday, following ECB President More...
China’s PBOC boosts liquidity joining ECB, while US Fed is expected to reduce stimulus
The People’s Bank of China injected funds into China’s largest banks, signaling utmost concern over the economic slowdown, thus joining the ECB; the Fed is expected to announce the successive cut in its monthly More...
ECB’s latest interest rate cut means free lunch for Ireland
After being bailed out by EU partners four years ago, Ireland can now borrow for free, after ECB’s latest interest rate decrease. Ireland was bailed out by EU partners four years ago, and now it can borrow money More...
