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.

ECB's Interest Rate Decision and its Impact on EUR/USD Exchange Rate

Talking Points ECB Main Refinance Rate and EU Inflation EUR/USD Technical Analysis - Daily Chart [caption id="attachment_810773" align="aligncenter" width="624"] Inflation Monitor Source: Bloomberg Finance L.P.[/caption] ECB Main Refinance Rate and EU Inflation The European Central Bank is scheduled to announce its main refinancing rate on its June 6th, 2024 meeting, traders around the world are looking forward to the central bank’s decision.

05-06-2024 17:15 GMT by Moheb Hanna

Market Insights Podcast - Volatile oil prices ex-post OPEC+, ECB and US NFP on the radar for this week

OANDA Senior Market Analyst Kelvin Wong joins Jonny Hart to discuss this week's key economic data and events. Firstly, OPEC+ members did not extend the voluntary cuts of 2.2 million bpd till end of 2024 but instead only until Q3 2024, oil prices reacted negatively due to incoming influx of more supplies after September 2024. Secondly, market participants have likely fully priced in a 25 bps cut for this coming Thursday, 6 June ECB monetary policy meeting.

04-06-2024 00:19 GMT by Kelvin Wong