Tag: ecb

DAX confirms bullish breakout

DAX confirms bullish breakout

Recently, the German DAX has managed to break out from a falling wedge pattern, likely starting a short-term relief rally.
ECB will raise interest rates in July

ECB will raise interest rates in July

The ECB intends to raise the base rate by a 0,25% in July and expects to take a further step in this direction in September.
EUR/JPY awaits ECB decision at 7-year highs

EUR/JPY awaits ECB decision at 7-year highs

This is the first ECB meeting since President Christine Lagarde announced a plan to end the ultra-accommodative monetary policy and signaled that the central bank will start hiking rates very soon.
Inflation in the euro area rose again in May

Inflation in the euro area rose again in May

The euro area's annual consumer price inflation accelerated to 8.1% in May, compared with 7.4% in April. This is mainly due to energy prices.
EUR/USD drops to 1.05 amid sustained USD buying

EUR/USD drops to 1.05 amid sustained USD buying

The massive divergence between EU and US monetary policies continues to drive the EUR/USD pair lower each week.
ECB will slowly end asset purchases

ECB will slowly end asset purchases

European Central Bank did not change its interest rates today. The net asset purchases are expected to end in the third quarter.
DAX surges in optimistic start of the week

DAX surges in optimistic start of the week

Inflation worries persist as price pressures continue to soar, but equity investors pay most attention to the Ukraine-Russia news.
EUR/USD fails to move after ECB, US inflation

EUR/USD fails to move after ECB, US inflation

Markets were disappointed from no groundbreaking news in the diplomatic talks between Russia and Ukraine, while major macro news also weighed in on sentiment.
EUR/JPY stabilizes after last week’s massive rally

EUR/JPY stabilizes after last week’s massive rally

Profit-taking has brought the shared currency somewhat lower today, sending the EUR/JPY cross to the first major support.
EUR/GBP advances amid GBP weakness post PMIs

EUR/GBP advances amid GBP weakness post PMIs

The EUR/GBP cross moved higher today as the risk-off flows tend to benefit euro over the Pound.