European Central Bank (ECB)

EURUSD breaks higher The euro soared as traders bet that persistent inflation could force the ECB to act sooner than later. A break below the daily support at 1.1300 had put the single currency under pressure. However, a swift…
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Out of the two central bank meetings happening tomorrow, the main expectation for the ECB meeting is to not be a major event. Generally, there is a pretty broad consensus that the central bank will keep its policy on hold for at least…
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Tomorrow is the start of the month, and as is customary, there is an avalanche of data coming out from Europe. All of it could be market moving, but what is most likely to set the sentiment for the period are PMI figures. That is the…
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EURUSD falls over divided ECB The euro falters as the ECB lags behind its US counterpart in monetary normalization. While eurozone inflation hit a record high of 5% in December, the ECB is still debating whether price pressures will…
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While economists expect the EU to have had good results in their economy last quarter, that probably won't remain the case for long. Goldman Sachs expects the eurozone's economy to grow faster this year than the US economy. But, that…
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EURUSD weakens ahead of Fed meeting The US dollar rallies as the markets price in a hawkish tone out of this week's Fed policy meeting. As the US unemployment rate falls under 4% and inflation reaches a 40-year high, traders are…
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The omicron variant has restored the question of how much the restrictions to curb the spread of covid will affect retailers. Now, the focus across Europe seems to be more on getting people to vaccinate, than restricting gatherings or…
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US 100 revisits major support The Nasdaq 100 faltered after an unexpected rise in US initial jobless claims. The tech index bounced off the demand zone around 15200 which used to be a resistance on the daily chart. A bullish…
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Europe's economic recovery from the pandemic has been slower in comparison to other countries. In part that could be due to the pandemic clearly not being over. And the threat of further measures to curb the spread of a new variant…
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On Monday, we get the latest employment data from the eurozone. This data is likely to be scrutinized for its impact on potential monetary policy impacts. But wait a minute - the ECB doesn't have a dual mandate like the Fed does.  So a…
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