European Central Bank (ECB)

On Thursday, the EURUSD came down to test the 1.05 handle, the lowest it has been since October of last year. This came amid renewed speculation that the ECB could be headed for strong rate cuts at the next meeting. Some analysts have gone…
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The release of Global Flash PMIs and partial (or flash) results from the ongoing PMI surveys of key economies around the globe could have an outside impact on the markets in the current situation. Particularly for commodity currencies,…
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Markets have pretty much come to the conclusion that the ECB to cut rates is highly likely when it meets on Thursday. That means that the focus is likely to be on what President Christine Lagarde will signal for future rate decisions.…
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Friday marks the unofficial start of Q3 earnings season, with financial reports from some of the largest banks in the US (and the world). Investors will be particularly interested in this Q3 earnings season, because it will potentially show…
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The economies of the UK and the Euro Area have taken diverging paths since the start of the year, allowing the GBPEUR to continue to appreciate. The latest leading indicators suggest the divide has deepened, and this has given the GBPEUR…
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Monday was an active day for monetary policy that could have an impact on forex markets, with the heads of the two largest central banks giving speeches that included hints about future moves. Markets have adjusted to the path for rates…
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Markets had what looked to be a contradictory move on Monday: Data was released showing the economy was troubled, but the stock market went up. That illustrates just how dominant the central bank narrative is for markets. Given the heated…
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There have been more worrying signs about the state of the EU economy over the last week. This comes amidst a change in leadership at the top level, signifying that there is increasing recognition of a problem. But, that doesn't mean there…
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What could move the markets after the ECB decision might not be the change in interest rate, but what it does to set up for future rate moves. Both the market and economists are in agreement that the European Central Bank will cut rates by…
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