Page 11 - European Central Bank

Euro edges up as traders seek clues on possible ECB rate hike

The euro edged up on Wednesday but was off Friday's three-week high, as traders looked for clues as to when the European Central Bank will hike interest rates

Dollar bides time before US CPI; euro stabilizes after ECB pushback

The Australian dollar got a bit of a lift as continued gains in global stocks boosted the mood for risk taking

Dollar, euro trade sideways after European Central Bank pushback

Currencies broadly traded little changed as the market awaits U.S. consumer price data on Thursday

Euro pulls back from 3-week highs as Italian real yields approach zero

Euro zone bond yields edged lower on Tuesday but many in the currency market were still concerned that a sharp rise in bond yields could weigh on the prospects of a broad-based economic recovery

Bumper BP profits lift European stocks, euro stalled by cautious Lagarde

Oil and mining shares were among the biggest gainers on the pan-European STOXX 600, after FTSE-listed BP reported a $12.8 billion annual profit

Euro struggles to stay above $1.14 after Christine Lagarde comments

Euro weakened for a second consecutive day on Tuesday after European Central Bank President Christine Lagarde said there is no need for big monetary policy tightening in the euro zone

Euro near three-week top, but looming Fed tightening could help dollar

Meanwhile, in cryptocurrency markets, Bitcoin held around a two week high

Markets drop for a second day on global cues; eke out 2.5% weekly gain

In the preceding two weeks, domestic markets had crashed 7 per cent spooked by the US Federal Reserve's decision to start raising interest rates to cool down inflation

European stocks falter, German 5-yr yield turns positive after ECB 'pivot'

Asian equities held firm overnight and Wall Street futures rebounded due to better-than-expected earnings from Amazon, which lifted the company's shares about 14% in after-market trade

Euro climbs after European Central Bank's 'ground-breaking' hawkish turn

By Iain Withers

Euro set for best week since Covid-19 hit after ECB's hawkish turn

The European single currency was up 2.86% for the week, its best weekly gain since March 2020, during the early stages of the pandemic.

Dollar set for bruising week after ECB and BOE get more hawkish

The index, which measures the greenback against six major peers was at a three-week low of 95.271, having tumbled 2% this week - its biggest such fall since March 2020.

ECB keeps policy unchanged as expected despite record inflation

After the ECB extended support measures only in December, policy change was not expected to be on the agenda

Euro dips slightly after 3-day rise ahead of European Central Bank meeting

The euro was marginally weaker at $1.1296, after rising around 2% in the last three sessions on expectations of a hawkish shift from the ECB.

Dollar takes a break from this week's slide ahead of BoE, ECB meetings

Shares in Twitter and Spotify also fell and Nasdaq 100 futures dropped 2%, dragging on demand for currencies like the Antipodeans, said Westpac analyst Imre Speizer in Christchurch

New Bundesbank president takes charge with warning on inflation risks

While Nagel acknowledged that temporary factors are partly to blame for current pressures, he also called the medium-term outlook 'exceptionally uncertain'

Inflation in euro region unexpectedly hits record in test for ECB

Consumer prices jumped 5% from a year earlier in December -- faster than the previous month's 4.9% gain and more than the 4.8% median estimate in a Bloomberg survey of economists

ECB slows pace of stimulus, revises inflation expectations

The European Central Bank (ECB) has revealed its plan to wind down the stimulus in the form of asset purchase programs as it revised up its inflation expectations

Europe faces tough call on stimulus amid growing Omicron fears

The dilemma faced by the bank and President Christine Lagarde at their meeting Thursday in Frankfurt is compounded by an wave of infections caused by the earlier delta variant

Inflation is the biggest test yet for independence of central banks

Today's inflation is due primarily to the disruption the pandemic has caused to key global supply chains