Tag: ecb

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
EURJPY
0.26%

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

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
EURUSD
0.55%

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

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

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
EURUSD
0.55%

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
EURJPY
0.26%

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
EURGBP
-0.16%

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.
EUR/USD at two-month highs after US inflation data
EURUSD
0.55%

EUR/USD at two-month highs after US inflation data

The USD declined broadly as traders took their profits from the recent rally. It looks like the medium-term uptrend might be soon over for the USD.

EUR/AUD fails at 200-day average

Huge inflation in the Eurozone will likely keep the euro under pressure this year.

DAX remains above critical support

It looks like the recent sell-off in EU equities might be over as the DAX has managed to defend an important support.