European Central Bank

The Euro is now facing a year of moribund price action that will see January's highs act as a ceiling over the coming quarters, according to the latest forecasts from Danske Bank, after the European Cenral Bank (ECB) effecitively turned off the music and cut the chord on Thursday. 

The Euro dropped temporarily after the European Central Bank announced it would be making billions of Euros available to Eurozone banks at cheap rates to try and reinvigorate lending to the economy.

The Euro will take a cue from the ECB at mid-day today with traders interested in how the Governing Council have interpreted the recent slowdown in Eurozone economic growth.

The Euro was treading water Thursday after French industrial production aggravated earlier concerns about the health of the Eurozone economy, which have led some economists to forecast the European Central Bank will now not get the chance to raise its interest rate in this cycle. 

The Euro was treading water Thursday ahead of the latest European Central Bank (ECB) interest rate decision and monetary policy statement, which could be key to the direction of the single currency into year-end and beyond. 

The Euro was treading water Thursday ahead of the latest European Central Bank (ECB) interest rate decision and monetary policy statement, which could be key to the direction of the single currency into year-end and beyond. 

The Eurozone financial system received a clean bill of health from the European Central Bank Thursday but economic data and analyst forecasts continue to show that the outlook for the single currency has deteriorated of late.

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'.