While the EUR/USD trades relatively quiet in today session, testing lows from last week but not breaking them the key fundamental development at the beginning of the week will be the meeting between that finance ministers of the euro zone. At this meeting they are expected to formally approve the rest Read More 3 Factors [...]
Posted in FX News | Tagged 3, ecb, ecofin, eur, factors, for, meeting, purchases, rising, yields
We’ve got the ECB tomorrow but expect few fireworks from that meeting. Having injected over EUR 1 trln into the banking system in two months, a pause for reflection is entirely appropriate. They never pre-commit, however…..read more. 34 Vote(s) Read More What to expect from the ECB and PSI
Posted in FX News | Tagged and, ecb, expect, from, psi, the, to, what
After overseeing the second LTRO, the ECB is likely to leave policy unchanged and refrain from announcing any policy steps. With the Greek drama and the second bailout culminating, Draghi will likely want to keep things quiet. Will the r 26 Vote(s) Read More Draghi Likely to Hide Behind Greek Drama ECB Preview
Posted in FX News | Tagged behind, draghi, drama, ecb, greek, hide, likely, preview, to
On Thursday, we get the latest ECB rate decision. If Draghi’s press conference offers little beyond him hailing the LTRO as successful it’s likely to trigger only a muted reaction. However if he makes a definitive statement ruling out further len 27 Vote(s) Read More Preview ECB Interest Rate Decision
Posted in FX News | Tagged decision, ecb, interest, preview, rate
The Euro may come under pressure while the Australian Dollar extends gains versus the greenback on a strong demand at the second 3-year ECB LTRO. Read More FOREX Euro May Fall as Aussie Gains vs Dollar on Strong ECB LTRO
Posted in FX News | Tagged as, aussie, dollar, ecb, euro, fall, forex, gains, ltro, may, on, strong, vs
Read More ECB Lends Banks EUR 5295bln in 3year LTRO
Posted in FX News | Tagged 3year, 5295bln, banks, ecb, eur, in, lends, ltro
Tomorrow (at 10.15 GMT) brings the release of the results of the European Central Bank’s second 3-year Long Term Refinancing Operation (LTRO2). The first operation, held in December last year saw 523 Eurozone banks, (including RBS through its Dutch subsidiary) borrow Euro 489 bn in exchange for eligible collateral. The Read More How Much ECB [...]
Posted in FX News | Tagged banks, demand, ecb, how, liquidity, morphine, much, will
Professional forecasters surveyed by the European Central Bank have slashed their eurozone growth forecasts for this year and next, the ECB said. Read More Eurozone growth forecasts cut in ECB survey
Posted in FX News | Tagged cut, ecb, eurozone, forecasts, growth, in, survey
Despite expectations for another rate cut, the European Central Bank left again the basic interest rate at 1.00% for the second consecutive month; the last time ECB had reduced the rate was back in December by 0.25 percent points. In the press c 39 Vote(s) Read More ECB Left Interest Rate Unchanged at 100 persen [...]
Posted in FX News | Tagged 100, 9, at, ecb, february, interest, left, rate, unchanged
Following the Federal Reserve’s announcement yesterday, the Euro again rallied against the U.S. Dollar, and is now trading higher today at 1.3156. On the OpenBook, traders who had expected the Euro to pullback are rethinking their positions. Trad 29 Vote(s) Read More ECB Frets over Greek Bonds as Traders Resume Bearish Posture
Posted in FX News | Tagged as, bearish, bonds, ecb, frets, greek, over, posture, resume, traders
