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...
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...
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 hits 14-month low, after ECB cuts rates and announces asset purchasing program to stave off deflation
The euro slumped to a 14-month low against the US dollar, after the ECB reduced interest rates and announced its upcoming assets purchasing program aimed at fighting the looming deflation threat. The euro hit a More...
A short covering rally or further euro weakness – the ECB has the final say
Thursday’s ECB meeting is the most keenly awaited event on the calendar today; expectations are set high for further stimulus, so there is plenty of room for disappointment. The European Central Bank policy meeting More...
The euro slumped to one-year low on ECB additional liquidity measures expectations
The euro slides further south on bets the European Central Bank is about to take further steps to support the euro zone economy. Last week the ECB Governor, Mario Draghi, stated the central bank was ready to take More...
Fed Chair Yellen advises wariness on timing of interest rate hike, ECB Draghi expresses bank readiness to act
Janet Yellen said at the Jackson Hole gathering that the Fed should be careful with the timing of interest rate hikes, given the state of the US labor market; ECB Mario Draghi stated readiness to use all available More...
The ECB keep rates unchanged and promise policy accommodation for an extended period
ECB’s Mario Draghi cites uneven economic recovery and heightened downside risks for euro zone economies keeping interest rates at record low As widely expected, the European Central Bank kept its main interest More...
Euro calm awaiting the ECB meeting; Aussie hammered by a surge in unemployment rate
The EUR/USD traders are holding their breath ahead of the ECB meeting today; the Aussie slides on soft labor market figure. The euro remained calm some 50 pips above its nine-month trough ahead of the ECB policy More...
ECB’s Mario Draghi taught Kuroda a lesson on crisis management
A former Soros adviser argues that quantitative easing is a big mistake and sees negative interest rates as the key to the BOJ success against deflation. Haruhiko Kuroda, Bank of Japan’s governor, may find the More...
