European Central Bank - Results from #20

07 June 2024 ECB Speakers Say No Further Rate Cuts in the Diary

Key members of the European Central Bank's Governing Council have warned on Friday that there is no date set for another interest rates cut.

06 June 2024 Euro Strengthens Against Pound and Dollar Following ECB Rate Cut, Guidance

Euro exchange rates strengthened after the European Central Bank cut interest rates but failed to commit to further rate cuts, instead saying it would watch the data and decide on a meeting-by-meet…

11 April 2024 Pound to Euro Hits 1.17 After ECB Confirms June Rate Cut is in Play

Euro exchange rates were broadly softer after the ECB announced interest rates would be kept unchanged but indicated that it was on course to cut them in June.

09 April 2024 ECB Should Have Already Cut Rates, Say These European Investment Banks

The ECB has no business keeping interest rates at currently restrictive levels warn economists at two European investment banks, with one saying we could be surprised by a cut on Thursday.

20 March 2024 Euro-Dollar Softer, Lagarde Speech Cited

The Euro was softer against the Dollar and other major currencies after the President of the European Central Bank (ECB) raised the odds of a June interest rate cut.

14 March 2024 Euro Softens After Stournaras Lays Out a Rate Cut Roadmap

Euro exchange rates were back under pressure after a prominent European Central Bank gave a clear signal that a series of interest rate cuts would commence from mid-year.

08 March 2024 Pound Sterling Rises Against Euro as ECB Speakers Push April Rate Cut

The Pound to Euro exchange rate extended gains to 1.1727 after members of the European Central Bank's Governing Council (GC) raised the prospect of an April rate cut.

07 March 2024 Euro Weakens After ECB Cuts Inflation Forecasts, But Losses to Be Limited

The ECB will soon run out of road to argue interest rates must stay at current levels for an extended period.

20 February 2024 Euro-Dollar: Door to Earlier Wage Cuts "Wide Open" Following ECB Wage Data Release

Negotiated wage settlements in the Eurozone have peaked and will come down over the following months, opening the door to "earlier" interest rate cuts at the European Central Bank (ECB).

29 January 2024 Euro Extends Losses After ECB Speakers Point To April Rate Cut

Euro exchange rates were lower at the start of the new week amidst an ongoing rise in bets that the European Central Bank (ECB) would cut rates as soon as April.

25 January 2024 Euro Slides Against Pound, Dollar Following Lagarde's Performance

The Euro defended key levels against the Dollar and Pound after the European Central Bank reinforced a message that it won't consider raising interest rates until the summer.

12 January 2024 Euro Stutters Against Pound and Dollar As Lagarde Mentions Rate Cuts

The Euro was set for a tepid end to the week after the European Central Bank's President Christine Lagarde entertained then possibility of cutting interest rates amidst growing confidence inflation…

14 December 2023 Euro-Dollar Closing On 1.10 As ECB Resists Rate Cut Bets

The Euro to Dollar exchange rate extended its advance following the European Central Bank (ECB) decision to maintain key lending rates at existing levels and issue guidance that poured cold water o…

05 December 2023 Schnabel Puts ECB Cuts on the Table

A prominent member of the European Central Bank's rate-setting committee won't rule out an interest rate cut occurring in the first half of 2024.

28 November 2023 ECB Won't Cut Rates Until Late 2024: HSBC

Wages are front and centre for European Central Bank deliberations over when to cut interest rates, and looming collectivised wage increases will ensure the first cut won't be until late in 2024.

09 November 2023 ECB's de Galhau and Bank of England's Pill Confirm Rate Hikes Are Done

The Pound to Euro exchange rate rose to test 1.15 on Thursday after a European Central Bank Governing Council member confirmed further rate hikes were not required.

26 October 2023 Euro Falls Against Pound and Dollar After ECB Decision To Hold Rates And Update Guidance

The Euro was softer after the European Central Bank (ECB) brought an end to a long-running rate hiking cycle by maintaining interest rates at existing levels while taking note of a recent drop in i…

14 September 2023 ECB Signals Final Rate Hike Has Been Delivered

The Euro fell against the British Pound, U.S. Dollar and the majority of major currencies after the European Central Bank (ECB) raised interest rates but signalled it had reached the end of the hik…

13 September 2023 Euro Rallies against Dollar and Pound on ECB Inflation Rumour

The Euro recovered ground and ended the day higher against both the Dollar and British Pound following a report that suggested the European Central Bank (ECB) would release a higher-than-expected i…

28 July 2023 Euro to Dollar Rate Testing Supports On Charts as European Inflation Data Eyed

The Euro to Dollar exchange rate entered the final session of the week testing a key support level underpinning its June rally on the charts while potentially risking losses toward 1.0900 or below …