ECB

Image via ECB European Central Bank / Flickr ECB President, Mario Draghi told financial officials in Washington last Friday that the economic outlook for the Eurozone remained clouded in uncertainty and underlined the ECB’s willingness to…
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Image via ECB/ Flickr. ECB Council Meeting December 2015 The ECB meeting due this week on March 10th is likely to be the big event overshadowing other market events over the week. As pressure builds for the ECB to act, in light of recent…
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Last week's highlight was the European Central Bank’s (ECB) decision to leave the monetary policy rate unchanged at 0.05% while the rate on the margin lending facility is maintained at 0.30% and the deposit facility rate still in the…
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On Wednesday, the Canadian dollar pulled back its gains versus the USD neighbor, throwing the USD/CAD pair in the 1.4630 area to test the support line. The pair started the descending after the US consumer price release. According to the…
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The European Central Bank will be meeting this week on Thursday for its first monetary policy meeting for this year. It’s been a year since the ECB announced its QE program in January 2015 in a bid to stoke inflation. However, so far the…
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On the 30th of December, US’s National Association of Realtors announced that pending home sales went down by 0.9% for the month of November, markets expecting a 0.5% upturn. If we look at 2014’s November, the figure is 2.7% higher in 2015.…
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With 2016 just around the corner, traders are more or less likely to ease back enjoying the brief holiday spell ahead of the markets returning to normalcy, coming Monday. In retrospect, the year 2015 has been one full of surprises with…
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The EUR/USD got back to its “comfort zone” in the upper range between 1.0960/70 after a short knee-jerk skip under the 1.0940 handle. The pair’s descend in around the 1.0935 thresholds follows ECB’s (European Central Bank) B. Coeure’s…
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Friday came with the publication of ABS’s (Australian Bureau of Statistics) latest data which showed an increase in the retail volumes with 0.5% in October, after September’s 0.4% rise, the figures matching the forecasts. Trend estimates…
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On Wednesday, the European shared currency prolonged its losses against the greenback, pushing the EUR/USD pair in the vicinity of 1.06. The trend tested the critical support line from 1.06 after the release of flash CPI (Consumers Price…
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