Euro exchange rate complex at risk should the ECB jettison interest rate rises in 2019 in view of slowing economy.
The European Central Bank kept interest rates and guidance unchanged in their October policy meeting but acknowledged a slowdown in Eurozone economic growth.
The Euro advanced against a weakening U.S. Dollar ahead of October's monetary policy update from the European Central Bank (ECB), which will help set the narrative around the single currency into year-end.
The Euro was unmoved Thursday when the European Central Bank left all of its interest rates unchanged for September and confirmed earlier guidance relating to the shuttering of its quantitative easing programme.
We believe markets might be overlooking an important consideration that will likely keep the ECB on this path, regardless of the data: the poor state of the Eurozone's retail banking sector.
Euro exchange rates could receive a leg-up next Thursday when the European Central Bank meets for its September monetary policy meeting.
The ECB confirms it believes the Eurozone's economic growth profile is strong enough to warrant the removal of stimulus in their latest Economic Bulletin.
Unless Jens Weidmann takes over as head of the European Central Bank when Mario Draghi steps down in October 2019, the Euro could be at risk of decline we are told.
Euro exchange rates were seen under pressure on Tuesday, June 19 following an address by European Central Bank President Mario Draghi to the ECB's Forum on Central Banking currently underway in Sintra, Portugal.
Closing the quantitative easing chapter a week after populists come to power in Rome signals the ECB's unwillingness to allow its monetary policy to be taken"taken hostage".
The Euro is one of the better performing global currencies mid-week thanks to a number of comments delivered by key members of the ECB which hint that next week's policy meeting will be a significant one.
Coverage of the European Central Bank's April 26 policy announcement and press conference with the foreign exchange market reactions and analyst insights.
The Euro could recover due to possibility Draghi may dismiss Q1 slowdown as only 'temporary'.
The recent run of poor data is not expected to alter the European Central Bank's (ECB's) baseline of optimism about the future.
The ECB is now talking interest Rate Rises, and this should keep the Euro Supported we are told.
The Euro dipped during mid-week trade when European Central Bank president Mario Draghi confirmed he was in no rush to change policy, providing further frustration for Euro bulls.
Euro bulls were given a shot at pushing the Pound lower in the wake of the European Central Bank's March meeting, but their capitulation has confirmed Sterling enjoys formidable support around current levels.
The European Central Bank delivers their March policy meeting with most analysts suggesting President Mario Draghi will be keen to avoid any drama. Therefore, any surprises could well prompt a big move in the Euro exchange rate complex.
The Euro is likely to weaken due to persistently low inflation 'staying the ECB's hand' at their policy meeting on Thursday.
Next leg of the Euro's journey will depend on any shift in language and tone at the European Central Bank.
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