Tag Archives: ECB
FX: let’s talk QE, EUR
There has been guessing and hinting about ECB doing QE. This is not our baseline, but what if – how will EUR react? Will this time be different, why?
Forex Weekly Report
The ECB remains on the sidelines Despite a new cycle low in European inflation at 0.5%,
FI Eye-Opener: Draghi’s worst fears becoming reality
Bond yields edged lower yesterday, as Draghi’s dovish words had some effect (see more below), though the moves were rather small in core yields. The German 10-year yield, for example,
Daily FX Wrap and Strategy
The NZD continued its steady slide lower, falling by 0.4%against the USD, to 0.8540.There was no new news relevant to the NZD yesterday.
The Euro Post-ECB Down But Not Down And Out
The euro made slow progress lower Thursday, even though the European Central Bank did not ease monetary policy as some expected and or hoped.
Analysts’ Take On ECB Mtg
Observers of the European Central Bank may be divided on whether or not the ECB is done with monetary easing, but there is little doubt that Eurozone inflation data from May and
Draghi: ECB ‘Resolute’ On MonPol, ‘Unanimous’ on Non-Stan Tools
European Central Bank President Mario Draghi vowed Thursday that the Governing Council was “resolute” in its aim of providing an accommodative monetary policy for the euro area.
The Global Macro Pulse
The overnight rise in US yields has combined with pre-ECB and pre-payrolls positioning to give the dollar support. EURUSD dipped to 1.3759, USDJPY rose to 104.0,
FX Daily
Today’s main event will be the ECB meeting. The probability of immediate easingfrom the ECB has declined as indicated by statements from vice presidentConstancio that “the low figure of inflation in
FI Eye-Opener: Inaction to lead to some action
Bond yields continued to climb yesterday on both sides of the Atlantic, as hopes grew that the US labour market recovery would be picking up again. Curves bear-steepened, while the 10-year spread between
FI Eye-Opener: Improving ADP to add pressure on bonds
Bond yields rose on both sides of the Atlantic yesterday, but more so in the US than in Europe, while the US curve continued to steepen. The US 10-year yield is approaching the upper end
US Morning Update
Judging by the G10 ranges during the London morning, turnover has probably been quite low ahead of more important data and events as the week moves forward from here.