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.

The week ahead preview with WTI crude, US CPI, and ECB meeting on the radar
WTI crude, US CPI, and the ECB meeting take center stage in the week ahead. Oil prices face supply-demand pressures, while US inflation data will guide Fed policy expectations. Meanwhile, the ECB is set to decide on rates, with markets watching closely for signals on the end of its easing cycle. These events are likely to drive volatility across commodities, currencies, and equities, making them key focal points for traders.
by Kelvin Wong
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EUR/USD Technical: Euro bullish breakout, what’s next?
The EUR/USD extended its bullish breakout, rising 0.8% to 1.1778 in the 9 Sep Asia session. Following weak US jobs data, focus shifts to Thursday’s ECB decision and US core CPI release. The ECB is expected to pause rate cuts at 2%, signaling the cycle’s end, while narrowing US-German yield spreads and prospects of a Fed dovish pivot support euro strength. Key short-term support sits at 1.1700, with resistance at 1.1830 and 1.1910.
by Kelvin Wong
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