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.

Week Ahead - Nearing the end of rate hikes?
Now that Wall Street has had enough time to process the dovish FOMC decision and another robust nonfarm payroll report, the focus shifts predominantly to Fed speak and economic data that should support the disinflation process.  Traders will pay close attention to initial jobless claims and the  University of Michigan sentiment report. Other notable economic releases include trade data, consumer credit, and the monthly budget statement.
by Craig Erlam
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ECB raises rates but euro falls
The euro is catching its breath on Friday after some sharp swings over the past two days. EUR/USD is trading quietly at the 1.09 line. Fed, ECB send euro on a wild ride This week's central bank rate announcements sent the euro on a roller-coaster ride.
by Kenneth Fisher
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