European Central Bank (ECB)

There is an increasing expectation that the ECB might actually make a policy change at their next meeting. But as for whether that will have an impact on the exchange rate, that's another question. EURUSD has been moving higher of late,…
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Last Week’s Highlights Australia’s unemployment rate rises to 6.2% The latest labor market statistics from Australia saw the national unemployment rate rising to 6.2% in April. This was higher than the unemployment rate for March, which…
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Coming up we have a really busy week for the markets, and we could expect to see increased volatility for several reasons. We go through the thick of the highly anticipated earnings season, with a little over a third of the largest…
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Last Week's Highlights  Japan in Technical Recession: Japan's final revised GDP figures for the fourth quarter of 2019 were confirmed at -1.8%. This was slightly worse than the 1.7% decline initially announced. The declines in…
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Did you find the ECB's move out of sync on Thursday? We did too! Despite having been in negative territory for a while now, which somewhat supports the 'hold', the ECB hasn't announced measures even close to what other Central Banks have…
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The ECB is currently at a crossroads. The consensus stands at a 50/50 rate cut, however, estimates increased from 10 basis points to 20 basis points. The question here is whether Lagarde's call on EU leaders and the latest emergency cut…
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The economic calendar is rather barren for Australia this week, with consumer sentiment data tomorrow among the few relevant events. That gives free rein for the markets to react to the weekend's news, COVID-19, and geopolitical fallout.…
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The EU’s quarterly GDP showed a print of 0.1% in January, missing expectations by 10 basis points. The contraction indicated that the eurozone’s economy grew at a weaker pace than anticipated. In fact, growth fell to its lowest level…
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The last day of the trading week is going to be quite busy for euro traders. We have the release of Flash PMIs for the major economies in Europe, inflation statistics, and a couple of potentially policy-revealing speeches by ECB Board…
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The simple (albeit controversial) answer is that the European Union is not a country… yet. There is a lot of interest in making the euro at least a competitive reserve currency to the dollar. Even countries such as Russia and China are…
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