SubscribeAll Posts Tagged With: "ECB"
Deflation Coming to Europe?
Eurozone consumers expect prices to continue to slide over the next few months, raising concerns about a deflationary spiral in the European bloc, the Financial…
3Aug2009 | Money Morning | 0 comments | ContinuedRALLY IN RISK PUTS PRESSURE ON THE DOLLAR TO THE DOWNSIDE
We are seeing a light revival in risk appetite putting downside pressure on the dollar. The EurUsd rose nearly 100pips to the mid range of…
3Feb2009 | Advanced Currency Markets | 0 comments | ContinuedEuropean Central Bank (ECB) Drops Rate to 2.0% as Europe Falls Further into Recession
The European Central Bank (ECB) today (Thursday) cut its benchmark interest rate by half a percentage point to 2.0%, an acknowledgment that the Eurozone economy…
16Jan2009 | Money Morning | 0 comments | ContinuedRISK AVERSION RETURNS TO THE MARKET PLACE
The dollar rallied against most of the majors with the exception of the yen. The EurUsd dropped 108pips to the mid range of 1.33, while…
13Jan2009 | Advanced Currency Markets | 0 comments | ContinuedUS SESSION: RALLY IN RISK APPETITE LOSING STEAM, DOLLAR RISES.
The dollar gained strength against the majors as rally riskier assets subsides in early trading. The EurUsd fell a bit over 100pips to the mid…
26Nov2008 | Advanced Currency Markets | 0 comments | ContinuedECB Cuts Interest Rate by Half Point as Recession Grips Eurozone
The European Central Bank (ECB) today (Thursday) cut its benchmark interest rate by half a point to 3.25%. The reduction was widely expected, as economic…
6Nov2008 | Money Morning | Comments Off | ContinuedLikely EU Recession Paves the Way for Greater ECB Influence
The European Commission (EC) said yesterday (Monday) that the Eurozone economy has already slipped into a recession and strong and stable economic growth will not…
4Nov2008 | Money Morning | Comments Off | ContinuedUS SESSION: STOCKS CLOSE OUT WEEK STRONG, DOLLAR
The dollar resurged in intraday trading posting strong gains against the majors as the risk aversion trend continues influence market movements. The EurUsd sunk 200…
31Oct2008 | Advanced Currency Markets | Comments Off | Continued
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