EUR

The Spanish Congress is expected today to vote on a no-confidence vote against current Prime Minister (President of the Government) Mariano Rajoy. The motion was presented by the leader of the Socialist Party (PSOE), who has managed to…
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The German economy loses momentum in Q1 2018, rising at a slower pace than initially forecast in the first three months of the year. Data from federal statistics agency, Destatis showed that the Eurozone's largest economy grew at a pace of…
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In the April ECB monetary policy meeting preview we look at how the European Central Bank will be holding its monthly monetary policy meeting this week on Thursday. No changes are expected to the interest rates or the central bank's QE…
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The ECB held its ECB Watchers conference on Wednesday last week. Policy makers at the central bank reassured that they remain cautious on making further adjustments to the monetary policy. The comments underlined the risks towards growth…
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With the New Year and a new trading week ahead and economic releases in full swing, traders will have little time to get over the holiday hangover. As the New Year has already dawned upon us, the year ahead will see quite a few questions…
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The markets will be looking to a short trading week as the holiday season kicks in. Economic details are sparse with not many market moving events lined up over the week. Trading volumes are also expected to remain light which could see…
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Summary: German Ifo business climate hits the highest level since 1991 Businesses optimistic on economic outlook ECB minutes show members differ on announcing QE end date Eurozone flash manufacturing and services PMI rise…
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For the 2nd time in almost one year, the EUR/GBP exchange rate attempts and fails to hit the headline-grabbing parity level 1-1.  During the Eurozone crisis, a popular opinion backed the euro to fall towards the GBP 0.50 level.  After the…
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The week ahead is poised to remain quiet with most of the economic releases focusing on the second-tier data. Therefore, the Jackson Hole Symposium which takes place every year will be the main highlight. The symposium is scheduled to begin…
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At the beginning of the year, the Euro kicked off the year lower and posted the lowest level since 2003 around 1.04. Back then, investment banks were very bearish on the Euro, estimating a sharp decline well below the parity level with the…
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