Draghi

06:00 EST (12:00 CET) looks to be rather busy for the EURUSD with two important bits of data being released at the same time: November EZ consumer price index and October final unemployment rate. Each on their own could move the market, so… Read More

Speaking to a European Parliament committee this week, Mario Draghi, president of the ECB, confirmed that the ECB is still on course to cease QE by year-end. The ECB chief said that despite recent data being “somewhat weaker than expected,”… Read More

The European Central Bank released its monetary policy meeting accounts last week. The minutes cover the ECB's monetary policy meeting held on October 24 - 25. The Central Bank did not announce any major policy decisions at this event.… Read More

The quarterly GDP data for the Eurozone showed that the pace of growth advanced at the slowest pace in four years. The decline in the GDP's pace of growth is attributed to the new emissions standards for cars which pulled down the… Read More

The European Central Bank held its monetary policy meeting last week on Thursday. As widely expected, the ECB kept its interest rates unchanged but signaled that the central bank was entering the final leg of its bond purchase program.… Read More

Investors got a brief glimpse of how markets could react to positive remarks from the European Central Bank. The 10-year bond yields rose to the highest level since mid-June on Monday. The spike in the bond yields came after the ECB… Read More

At the ECB’s September meeting tomorrow, the market is widely expecting the bank to keep current policy on hold in line with its earlier guidance that rates will remain at current levels “at least through summer of 2019”.  However, the bank… Read More

The European Central Bank's monetary policy meeting was held last week. As widely expected, the central bank left the key interest rates unchanged at last week's meeting. The main refinance rate which is at zero percent, the deposit rate… Read More

The market was rocked last week as the ECB delivered a blow with a double-edged sword at its June monetary policy meeting. The central bank announced that it would wind down its massive quantitative easing program by the end of 2018 though… Read More

EURUSD traded sharply lower over Tuesday this week as the latest growth data added weight to the view that the eurozone’s economic recovery is moderating. The flash GDP estimate for the first quarter came in at 0.4% quarter on quarter and… Read More