EUR/USD: ECB to consider negative interest rate at its upcoming meeting in March, hints ECB’s Ignazio Visco

EURUSD Movement For the 24 hours to 23:00 GMT, EUR declined marginally against the USD and closed at 1.3735, after the European Central Bank (ECB) Governing Council member, Ignazio Visco suggested the possibility that policymakers could discuss introducing negative deposit … Continue reading

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EUR/USD: ECB ready to act if price-outlook deteriorates, hints ECB Chief, Mario Draghi

EURUSD Movement On Friday, EUR rose 0.14% against the USD and closed at 1.3740. However, the gains in the Euro were capped after the ECB President, Mario Draghi, reiterated his earlier stance to act appropriately and take proper measures, if … Continue reading

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EUR/USD: Economic situation improving in the Euro-zone, opines Eurogroup’s Dijsselbloem

EURUSD Movement For the 24 hours to 23:00 GMT, EUR declined 0.06% against the USD and closed at 1.3721, after the latest batch of manufacturing and services activity data from the Euro-zone came in below expectations, adding to concerns that … Continue reading

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EUR/USD: IMF suggest ECB to mull the prospect of slashing its interest rate below 0%

EURUSD Movement For the 24 hours to 23:00 GMT, EUR declined 0.22% against the USD and closed at 1.3730. The US Dollar gained ground against the Euro after the minutes from the Federal Reserve’s (Fed) latest policy meeting showed that … Continue reading

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EUR/USD: Euro-zone’s ZEW economic sentiment registered a surprise drop in February

EURUSD Movement For the 24 hours to 23:00 GMT, EUR rose 0.42 % against the USD and closed at 1.3761. The US Dollar declined against the Euro after the relentless cold weather weighed on the US manufacturing and housing index … Continue reading

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EUR/USD: Interest rate to remain at present or lower level as long as inflation does not climb above 2%, says ECB’s Nowotny

EURUSD Movement For the 24 hours to 23:00 GMT, EUR traded flat against the USD and closed at 1.3704, in a thin holiday trade. Yesterday, the ECB Chief, Mario Draghi, asserted that he may act to counter low inflation as … Continue reading

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EUR/USD: Euro-zone economy expanded at a faster pace than expected in the fourth quarter

EURUSD Movement On Friday, the EUR rose 0.15% against the USD and closed at 1.3697, after Euro-zone’s GDP rose more-than-expected 0.5% (YoY) in the fourth quarter on a seasonally adjusted basis, compared to a 0.3% (YoY) drop registered in the … Continue reading

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EUR/USD: Interest rate to remain at present or lower level for an extended period of time, hints ECB

EURUSD Movement For the 24 hours to 23:00 GMT, EUR rose 0.66% against the USD and closed at 1.3676. The US Dollar came under pressure as the US retail sales missed expectations and declined 0.4% (MoM) in January and after … Continue reading

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EUR/USD: “ECB considering negative rate very seriously”, hints ECB’s Benoit Coeure

EURUSD Movement For the 24 hours to 23:00 GMT, EUR declined 0.35% against the USD and closed at 1.3588, after the ECB Executive Board member, Benoit Coeure, hinted that the central bank was “very seriously” considering a negative deposit rate … Continue reading

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EUR/USD: Fed Chief, Janet Yellen indicates a continuation in tapering of stimulus measures

EURUSD Movement For the 24 hours to 23:00 GMT, EUR declined 0.06% against the USD and closed at 1.3637. The US Dollar advanced against the single currency after Janet Yellen, in her first testimony before the Congress as the Fed’s … Continue reading

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EUR/USD: ECB should act to ensure that low inflation in the region rises to its 2% target, suggests EU’s Olli Rehn

EURUSD Movement For the 24 hours to 23:00 GMT, EUR rose 0.20% against the USD and closed at 1.3646, as traders cheered an upbeat Euro-zone Sentix investor confidence data, which revealed a reading of 13.3 in February, the highest level … Continue reading

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