ECB meeting minutes awaited to prove how hawkish Draghi is

euro money | EconAlerts

On Thursday at 1130 GMT the European Central Bank is scheduled to publish accounts of its latest policy meeting and in the absence of any major data releases the minutes could lend a helpful hand to the euro if policymakers appear overall more hawkish than Mario Draghi did in his press conference. However, risks surrounding Italy and its fiscal policy remain […]

Amid sluggish growth and Italy woes, will the euro ever resume its uptrend?

euro money | EconAlerts

The euro has retreated by about 8% from its three-year peak scaled back in February when it briefly touched $1.2555. At the time, the outlook for the Eurozone economy was looking increasingly positive and political uncertainty appeared to be receding. However, since the spring, economic indicators out of the Eurozone have consistently fallen short of […]

Is the dollar rally on its last legs?

After touching its highest levels in 2018, the US dollar lost some of its shine in recent weeks, leading one to question whether this is simply a correction in a broader uptrend or the early days of sustained weakness for the world’s reserve currency. While trade tensions and relative rates could continue to support the […]

Draghi tries to jawbone EURO, the EURO doesn’t obey

Mario Draghi, the Italian President of the European Central Bank | Econ Alerts

Daily analysis | 08 September 2017 TRADE THE MARKETS      RECEIVE A WELCOME BONUS All trading involves risk. It is possible to lose all your capital Yesterday, the European Central Bank decided to keep all three of its interest rates unchanged as was widely expected. In the statement accompanying the decision, the Bank left […]

Euro inches up after encouraging PMI’s

Euro flag and coins - Econ Alerts

Daily analysis | 24 August 2017 Euro inches up after encouraging PMI’s TRADE THE MARKETS TRY DEMO All trading involves risk. It is possible to lose all your capital The euro gained further yesterday, particularly versus sterling, following the release of Eurozone’s preliminary manufacturing and services PMI’s for August. Even though the bloc’s services index […]