ECB Live: Coverage + Euro Exchange Rate's Reactions vs Dollar, British Pound and More

Expired

Draghi and the Euro

Image (C) European Central Bank.

Highlights:

  1. Value of the Euro features prominently
  2. October will be when the ECB signals plans for withdrawal of quantitative easing programme
  3. Euro shoots higher as Draghi and Governing council signal a relaxed stance with the currency's valuation
  4. Inflation forecasts downgraded for 2018, but less than many Euro bulls had feared
  5. ECB confident the Eurozone economy is strengthening at a satisfactory pace

Latest Spot Market Exchange Rates:

  1. Pound-to-Euro exchange rate: 1.0912, down 0.3%
  2. Euro-to-Pound Sterling exchange rate: 0.9187
  3. Euro-to-Dollar exchange rate: 1.2037, up 0.67%