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.

France: Debt risks are mounting

French bond spreads have narrowed, but high debt and resistance to reform continue to undermine confidence. Pressure on Italian bonds signals contagion risks. Stronger banks and ECB intervention tools reduce the likelihood of a repeat sovereign debt crisis, although lasting stability requires a credible French fiscal plan.

09-10-2026 15:27 GMT by Łukasz Zembik

Chart alert: EUR/USD minor uptrend intact ahead of ECB as markets brace for 25bp rate hike

EUR/USD holds near a two-week high around 1.1640 ahead of the ECB monetary policy decision, with markets expecting a 25-basis-point rate hike to 2.50%. Attention is on Christine Lagarde's guidance as surging energy prices revive inflation risks and raise the possibility of further tightening. Technically, EUR/USD has moved back above its 200-day MA, with 1.1604 acting as the key short-term support.

10-09-2026 10:25 GMT by Kelvin Wong