European Central Bank (ECB)

On the 30th of December, US’s National Association of Realtors announced that pending home sales went down by 0.9% for the month of November, markets expecting a 0.5% upturn. If we look at 2014’s November, the figure is 2.7% higher in 2015.…
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With 2016 just around the corner, traders are more or less likely to ease back enjoying the brief holiday spell ahead of the markets returning to normalcy, coming Monday. In retrospect, the year 2015 has been one full of surprises with…
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The EUR/USD got back to its “comfort zone” in the upper range between 1.0960/70 after a short knee-jerk skip under the 1.0940 handle. The pair’s descend in around the 1.0935 thresholds follows ECB’s (European Central Bank) B. Coeure’s…
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Friday came with the publication of ABS’s (Australian Bureau of Statistics) latest data which showed an increase in the retail volumes with 0.5% in October, after September’s 0.4% rise, the figures matching the forecasts. Trend estimates…
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On Wednesday, the European shared currency prolonged its losses against the greenback, pushing the EUR/USD pair in the vicinity of 1.06. The trend tested the critical support line from 1.06 after the release of flash CPI (Consumers Price…
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The Single currency is likely to come under a lot of pressure today as the European Central Bank meets. Expectations are rife that the ECB could mark another major milestone in its monetary policy storyline, in little under a year of…
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The Single currency's decline in the past week is evidence of a major pricing in factor ahead of the December ECB meeting. The single currency declined nearly -5.62% against the British Pound while losing -6.27% to the US Dollar over the…
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The end of last week found the EUR/USD major lingering in the 1.0780 area, due to latest German data release. There was no significant recoil in the trend after the publication of Germany's GDP (Gross Domestic Product) figures, which falls…
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The last week of October saw a lot of major events taking place, mostly in the likes of the Central bank decisions which has continued to keep the markets uncertain and volatile therefore. The US Federal Reserve, the Reserve Bank of New…
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The European Central Bank meets today for its monetary policy review with the biggest question being whether the ECB will expand its QE purchase program beyond 2016. Nearly 10 months after the ECB announced its massive bond purchase program…
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