European Central Bank (ECB)

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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Last week’s ECB meeting, although guarded in some aspects made it clear to the markets that the ECB will be announcing its taper decision at the October meeting. The strong rally in the common currency this year suggests that the markets…
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The week ahead will be a busy one with three central bank meetings lined up. The RBA starts off the week with its monetary policy meeting, followed by the Bank of Canada and eventually handing over the spotlight to the ECB. On the economic…
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Let's start with the Euro today and then, you might want to read about Italy’s possible innovation, which can be the next big thing in Europe and the world. Earlier this week, the Euro shocked the banks around the world, rising well above…
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The much anticipated Jackson Hole Symposium that began on Thursday last week ended without a bang. While investors were hopeful that the central bankers would address monetary policy, it was indeed the opposite. Both Yellen and Draghi…
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Summary: Eurozone flash manufacturing PMI rises at the fastest pace in six and half years Eurozone flash services PMI falls to a 7-month low Evidence of price pressures in output building up Markit: PMI’s consistent with the…
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If the markets are still talking about the “Sintra Accord”, then Jackson Hole is quite likely to bring with it some expectations. Not so long ago, central banks convened in Sintra, Portugal. Here, surprisingly many central bank chiefs came…
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If the markets are still talking about the “Sintra Accord”, then Jackson Hole is quite likely to bring with it some expectations. Not so long ago, central banks convened in Sintra, Portugal. Here, surprisingly many central bank chiefs came…
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The EURUSD closed another week with some modest gains as the common currency managed to capture the 1.1800 price handle. By last Friday's close, 12 August, the euro closed at 1.1820 against the U.S. dollar. With last week's gains, the euro…
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While investors and traders alike eagerly anticipate the September monetary policy meeting, economic data from the Eurozone continues to show steady progress. This, in turn, is likely to put pressure on the European Central bank officials.…
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