Pound Sterling and the Dollar are seen advancing on the Euro thanks to developments concerning the European Central Bank.
"It's true there have been movements in bond price, asset price, exchange rates and so on," noted Draghi, "but financing conditions remain supportive."
Why prompting a decline in the value of the Euro might be a strategy deployed by the ECB at its July meeting.
The Euro jumped higher against the Dollar and Pound Sterling following the release of the minutes of the European Central Bank's monthly policy meeting which suggest the taps on ease monetary policy are soon to be turned off.
Mario Draghi sent the Euro soaring in early morning European trade when he indicated that ECB policy may soon move to neutral from accommodative and stated that the recovery in the Eurozone is in full bloom.
The European Central Bank should soon start discussing the end of its unprecedented stimulus programme in response to improving economic growth and inflation says Bundesbank president Jens Weidmann.
The Euro exchange rate complex is under pressure on news that the European Central Bank is to cut inflation forecasts.
One of the UK’s best-known high-street lenders has reaffirmed their view that Sterling is unlikely to advance further than current levels against the Euro.
ECB President Mario Draghi prompts weaker Euro on Thursday, April 6 with warning that they will continue to support the Eurozone economy until inflation is growing at a sustainable rate.
Willem Verhagen, Senior Economist, Macro & Strategy at NN Investment Partners suggests the ECB are unlikely to deliver the kind of action on quantitative easing that those who are looking for a stronger Euro in 2017 are expecting.
The Euro could be about to be hit by a massive hammer in the shape of the European Central Bank with analysts at a prominent Scandinavian research house saying another round of quantitative easing is coming.
Sources close the European Central Bank (ECB) have complained that markets overreacted to its March policy meeting.
What does the Euro exchange rate complex require to really rocket higher - signs that the European Central Bank will look to raise interest rates and end its money-priting programme. But this outcome remains a distant prospect it is argued.
The European Central Bank (ECB) meet to discuss the monetary policy for the Eurozone over the next few days and this may well have an impact on the Euro.
Don’t sleep through the European Central Bank’s key policy meeting today we are told.
ECB extends asset purchase scheme by 9 months to December 2017 or beyond. Cuts monthly purchases from €80bn to €60bn after March.
The Euro exchange rate complex is forecast to rise as a result of today’s European Central Bank decision according to the base-case scenario posited by Kathleen Brooks at City Index.
Most are expecting the ECB to keep their quantitative easing programme going beyond the March cut-off date, and dismiss recent talk of ‘tapering’.
Morgan Stanley provide their view of possible scenarios from the ECB’s rate meeting next Thursday.
Market-watchers still see the European Central Bank (ECB) easing policy further at their December 7 meeting despite Mario Draghi’s recent warnings about the danger of low interest rates.
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