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.

Market Insights Podcast - Big tech earnings, BoC hawkish hold, ECB preview

OANDA Senior Market Analyst Craig Erlam joins Jonny Hart and Trader Nick to discuss earnings from Microsoft and Alphabet, the Bank of Canada interest rate decision, PMIs, and Thursday's ECB meeting.

26-10-2023 05:13 GMT by Craig Erlam

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Euro under pressure ahead of ECB meeting

ECB expected to pause at today's meeting The euro continues to lose ground and has fallen over 1% since Monday. In the European session, EUR/USD is trading at 1.0545, down 0.19%. Will the ECB take a pause? It has been a long time coming, but barring a major surprise, the ECB will hold rates at today's meeting.

26-10-2023 04:25 GMT by Kenneth Fisher