Tag: ECB
Gold Crumbles, Dollar Spikes after Thanksgiving
The price of gold fell back near six-year lows on Friday and was headed for a sixth straight weekly decline, as the dollar firmed...
European Stocks Edge Higher on ECB Stimulus Hopes
European stocks advanced on Friday in a choppy day of trade, as investors remained hopeful that the European Central Bank (ECB) would expand its stimulus...
Euro, Stocks Drift Lower as Draghi Hints at Additional Stimulus
An indication from European Central Bank President Mario Draghi that further monetary easing may be coming next month weighed on the euro on Thursday...
European Stocks Rise amid Draghi Guidance, US Jobs Slowdown
European stocks continued to rally on Wednesday after Mario Draghi reiterated the European Central Bank’s commitment to support the euro area economy, as investors...
Global Stocks Roar Back on China Rate Cut, Draghi Guidance
Global stocks surged Friday after China cut interest rates for the sixth time in a year, adding to optimism that the European Central Bank...
EUR/USD Surges as Eurozone Core Inflation Picks Up
The EUR/USD surged more than 150 pips on Friday, as Eurozone core inflation rose faster than forecast and unemployment held steady.
The EUR/USD climbed to...
EUR/USD Backtracks as ECB Leaves Rates Unchanged
The EUR/USD was on its heels Thursday, as the markets awaited key remarks from Mario Draghi after the European Central Bank held interest rates...
EUR/USD Turns Negative as Grexit Fears Escalate
The EUR/USD edged lower on Thursday after European Central Bank President Mario Draghi said it would be difficult for Europe to prevent a Grexit...
ECB Holds Interest Rates but Hints at Expanded QE Program
European stocks soared on last Thursday, while the euro plunged 1% against the dollar after the European Central Bank hinted at more stimulus in...
US Dollar Propped Up By Greece Default Fears
The US dollar climbed against a basket of currencies on Monday, while the euro declined across the board as the markets grew jittery ahead...
US Dollar Index Resumes Descent
The US dollar was back on its heels on Thursday, declining against a basket of trade-weighted peers following disappointing housing data.
The US dollar index,...
EUR/GBP Tests New Lows Ahead of Data Deluge
The euro continued to drift lower against the British pound on Monday, as investors shifted their attention to a deluge of economic data and...
EUR/USD Posts 100-Pip Rally
The euro rallied sharply against its US counterpart on Thursday, as the European Central Bank emphasized its commitment to carrying out its massive bond-buying...
EUR/USD Weekly Outlook (Mar. 30 – Ap. 3)
Several high profile data releases are on the docket for the EUR/USD this week. The pair successfully rebounded from 12-year lows over the past...
BOE Votes 9-0 in Keeping Rates at 0.5%
The Bank of England voted unanimously in keeping interest rates at record lows in March, expressing concerns that a stronger British pound would keep...
EUR/USD under Pressure as Greek Debt Talks Continue
The euro was back on its heels on Friday, as European Commission president Jean-Claude Juncker met with Greek Prime Minister Alexis Tsipras in a...
Greece, EU to Resume Bailout Talks on Wednesday
Negotiations between Greece and its European Union paymasters will resume on Wednesday, after another day of negotiations tested the patience of Eurozone partners.
The European...
EUR/USD Hits 11-Year Low as Draghi Outlines QE Program
The euro fell to fresh 11-year lows against the US dollar on Thursday, declining for a third consecutive day on the news that the...
