ECB Policy Unchanged but high degree of uncertainty ahead
The European Central Bank left its monetary policy unchanged on Thursday, as expected, and reiterated that it would continue to provide ample support to the economy as it gradually recovers from the shock of the coronavirus pandemic. The central bank said although the eurozone economy is rebounding there is still a high degree of uncertainty […]
Traders focus, European Central Bank’s interest rates decision
A huge demand for Euro in early European trade yesterday after Federal Reserve Governor Lael Brainard hinted at a need for an even easier monetary policy in the U.S. that resulted a 0.2% gain on EUR/USD at 1.1416 and is approaching a key daily structure resistance of 1.1500 as its year’s high. Investors will focus […]