Tag: European Central Bank

EUR/GBP Eases off 4-Month Highs

The EUR/GBP fell from four-month highs Monday amid a bigger than expected drop in Eurozone investor confidence, while European stocks trended higher on expectations...

EUR/USD Regains 1.12 on Eurozone CPI

The EUR/USD rebounded on Monday, but was down from session highs after preliminary data showed a stronger than expected rise in Eurozone inflation. The EUR/USD...

Euro Holds Ground as Eurozone Economy Slows

The euro was little changed against its British and US counterparts on Friday as the Eurozone’s modest recovery slowed unexpectedly in the second quarter,...

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...

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...

EUR/USD Resumes Uptrend as Bailout Hopes Rise

The EUR/USD continued to soar on Wednesday, as the European Central Bank held interest rates at 0.05% amid growing optimism that a new Greece...

US Dollar Weekly Outlook (June 1-5)

The US dollar index rallied last week, climbing nearly 2% to 97.00. Dollar pairs could face significant price action this week, as a barrage...

EUR/USD Backtracks as Greek Talks Stall

The EUR/USD tumbled to fresh monthly lows on Wednesday, as talks between Greece and European creditors stalled, raising concerns that Athens was on the...

EUR/USD Rises to Higher Ground

The EUR/USD climbed to higher ground on Thursday, advancing for a fourth consecutive day amid broad US dollar weakness. The EUR/USD climbed to a session...

Greece Won’t Cross “Red Lines” in Bailout Negotiations

The Greek government will not renege on its campaign promises to voters in its negotiations with creditors, a government spokesperson said on Thursday, raising the likelihood...

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...

USD Weekly Outlook: 13-19 April, 2015

US and international data will influence the direction of the US dollar this week, as investors weigh the latest Fed-speak against the most recent...

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 Little Changed as Goldman Sachs Lowers Forecast

The euro posted modest gains against the US dollar on Wednesday, although upside was limited after international investment bank Goldman Sachs lowered the common...

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