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.

Euro in holding pattern ahead of ECB decision

The euro is showing limited movement on Thursday. In the European session, EUR/USD is trading at 1.0895, up 0.10%. Eurozone PMIs, released on Wednesday, pointed to trouble in the manufacturing and services sectors.

25-01-2024 05:01 GMT by Kenneth Fisher

Market Insights Podcast - Strong US PMIs, BoC holds, ECB preview

OANDA Senior Market Analyst Craig Erlam joins Jonny Hart and Trader Nick to discuss the PMI data from the US, UK and eurozone, Bank of Canada interest rate decision, and preview tomorrow's ECB announcement.

24-01-2024 15:53 GMT by Craig Erlam