European Central Bank (ECB) news

The European Central Bank (ECB) is the central bank for the Eurozone, responsible for monetary policy. Its primary objective is to maintain price stability within the 20 member states using the euro. The ECB uses various monetary policy tools to guide the Eurozone economy and support sustainable growth.

EUR/USD Outlook: Germany's fiscal bazooka ignites Euro bulls, but a minor pullback is imminent as ECB looms
An aggressive fiscal spending proposal by Germany has attracted bullish animal spirits into EUR/USD. A significant rally in the longer-end German Bund yields is likely to alter ECB monetary policy guidance towards a “less dovish stance.” The three-month rally in the EUR/USD has reached overbought condition, at risk of a minor corrective pull-back below 1.0885/0940. In the upcoming European Central Bank (ECB) meeting on Thursday, 6 March, where market participants are expecting another 25 basis
Mar 06 by Kelvin Wong
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Euro hits three-month high, eurozone unemployment rate unchanged
The euro has extended its gains on Tuesday.  EUR/USD is trading at 1.0523 in the North American session, up 0.36% on the day.  Earlier, the euro rose as high as 1.0559, its highest level since December 10. Eurozone unemployment remains at 6.2% The eurozone economy is sputtering but there's nothing wrong with the employment picture.  The unemployment rate remained at 6.2% for a third straight month in January, a record low.  The December reading was revised downwards from 6.3%.  Germany, the la
Mar 04 by Kenneth Fisher
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