ECB said to study impact of ECB vs Fed policy on exchange rate

ECB to Study Impact over Fed Policy on Exchange Rate; Said To Query Dollar Weakness Despite Stronger U.S. Economy ECB balance sheet hit fresh ATH as Lagarde keeps printing press rumbling. Total assets rose by another €8.6bn to 7,024.2 past week on QE. ECB Balance sheet now equal to 69% of Eurozone GDP vs Fed’s […]

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 […]

July 13-17 Big economic events: EU Summit, ECB and BOC interest rate decisions

👉  The souring US-China diplomatic ties over the Hong Kong and South China sea issues also dampened the market mood. The US has denounced China’s claims to the South China Sea as unlawful. China accused US of ‘inciting confrontation’ after Washington rejected expansive claims in disputed sea for the first time. 👉  More pain for […]