ECB - Dollar Price

1 Minute

Forex

Eurozone July M3 money supply +5.5% vs +5.6% y/y expected

Michael Cooper 26 sierpnia, 2022

Prior +5.7% Broad money growth in the euro area continues to ease from an annual rate as monetary aggregate has decreased since the massive injection of liquidity during the pandemic. That is no surprise...

0 Minutes

Forex

ECB’s Rehn: Investigation phase for digital euro expected to conclude in October 2023

Michael Cooper 24 sierpnia, 2022

He adds that after this phase, the central bank will then decide on whether to embark on actually building a digital euro. Well, chances are if other major central banks aren’t pursuing this too...

2 Minutes

Forex

The bond market is the place to watch in trading this week

Michael Cooper 25 lipca, 2022

After the ECB last week, there was a strong bid in bonds although that has eased today with yields sitting higher. Some slight hawkish remarks by the ECB today here is helping slightly but overall, it...

2 Minutes

Forex

Dollar holds firmer to start the day

Michael Cooper 22 lipca, 2022

With the BOJ and ECB done for the week, the market focus will slowly shift towards the Fed ahead of the FOMC meeting next week. The dollar is finding itself in a modest spot...

1 Minute

Forex

GERMANY: SIGNS OF HOPE FROM PRODUCER PRICES – COMMERZBANK

Michael Cooper 20 lipca, 2022

“German producer prices in June were 32.7% higher than a year earlier. However, in intermediate goods there are initial signs that price pressure is no longer quite so strong,” Senior Economist at Commerzbank Research...

1 Minute

Forex

Italian politics add to headache for the ECB

Michael Cooper 18 lipca, 2022

The political chaos in Italy is providing no help to the ECB as we see a further widening in bond spreads in the region. This comes at a rather inconvenient time for the central...

1 Minute

Forex

The ECB will focus on bonds of the most environmentally friendly corporations

Michael Cooper 4 lipca, 2022

Moscow. 4th of July. INTERFAX.RU – The European Central Bank plans to adjust its corporate bond portfolio, giving preference to issuers with the lowest carbon footprint, Bloomberg reports. The ECB will reinvest „a significant amount of...

1 Minute

Forex

The dollar is in demand on Independence Day

Michael Cooper 4 lipca, 2022

Demand for defensive assets keeps the euro near a five-year low EUR/USD chart in 60 minute intervals On Monday, the euro rose slightly, remaining near a five-year low against the US dollar, as investors sought...

1 Minute

Forex

ECB reportedly to bring back 'sterilisation’ in fight against fragmentation

Michael Cooper 28 czerwca, 2022 0 Comment

The ECB is reportedly considering a new bond-buying scheme to cap yields/spreads in the battle against fragmentation, according to Reuters sources. And in order to go ahead with that and avoid a contradictory move...

0 Minutes

Forex

Heads up: ECB speakers coming up later today

Michael Cooper 28 czerwca, 2022 0 Comment

0800 GMT – ECB president Lagarde delivers introductory speech0830 GMT – ECB chief economist Lane chairs panel discussions*1100 GMT – ECB executive board member Panetta chairs discussion on digital currencies , digital euro *first session will...