European Central Bank

The ECB will soon run out of road to argue interest rates must stay at current levels for an extended period.

Negotiated wage settlements in the Eurozone have peaked and will come down over the following months, opening the door to "earlier" interest rate cuts at the European Central Bank (ECB).

Euro exchange rates were lower at the start of the new week amidst an ongoing rise in bets that the European Central Bank (ECB) would cut rates as soon as April.

The Euro defended key levels against the Dollar and Pound after the European Central Bank reinforced a message that it won't consider raising interest rates until the summer.

The Euro was set for a tepid end to the week after the European Central Bank's President Christine Lagarde entertained then possibility of cutting interest rates amidst growing confidence inflation was on course to hit 2.0%.

The Euro to Dollar exchange rate extended its advance following the European Central Bank (ECB) decision to maintain key lending rates at existing levels and issue guidance that poured cold water on expectations for imminent interest rate cuts.

A prominent member of the European Central Bank's rate-setting committee won't rule out an interest rate cut occurring in the first half of 2024.

Wages are front and centre for European Central Bank deliberations over when to cut interest rates, and looming collectivised wage increases will ensure the first cut won't be until late in 2024.

The Pound to Euro exchange rate rose to test 1.15 on Thursday after a European Central Bank Governing Council member confirmed further rate hikes were not required.

The Euro was softer after the European Central Bank (ECB) brought an end to a long-running rate hiking cycle by maintaining interest rates at existing levels while taking note of a recent drop in inflation.

The Euro fell against the British Pound, U.S. Dollar and the majority of major currencies after the European Central Bank (ECB) raised interest rates but signalled it had reached the end of the hiking cycle.

The Euro recovered ground and ended the day higher against both the Dollar and British Pound following a report that suggested the European Central Bank (ECB) would release a higher-than-expected inflation report on Thursday.

The Euro to Dollar exchange rate entered the final session of the week testing a key support level underpinning its June rally on the charts while potentially risking losses toward 1.0900 or below if inflation figures go the right way for the European Central Bank (ECB) in some of the continent’s largest economies.

The European Central Bank (ECB) raised its three main interest rates by a further 25 basis points, as expected, but gave no clear indication it would hike interest rates again.

Knot says Eurozone inflation to fall back to 2.0% target in 2024.

The inflation situation faced by the Bank of England (BoE) is in one way potentially a sign of things to come for the European Central Bank (BoJ) and any other central banks presiding over monetary frameworks where the transmission of interest rate changes into the real economy is slower than it is in the UK. 

The Euro to Dollar exchange rate climbed back toward 1.07 in the penultimate session of the week after Eurostat figures suggested continental inflation fell further than was expected in a May outcome that could mean the single currency has scope for a rebound toward 1.11 in the weeks ahead.  

The Euro to Dollar exchange rate edged higher in the final session of the week as financial markets contemplated Euro Area economic data and what it might mean for a European Central Bank (ECB) interest rate policy that is now increasingly dividing analyst and economist opinions about the outlook.

A sinking Euro and softer Dollar pulled the single currency lower across the board on Thursday after the European Central Bank (ECB) met expectations for a smaller increase in interest rates but warned of further action if economic data doesn't respond better, and in short order, to the steps taken so far.

The ECB's latest interest rate hike was not required to ensure inflation falls back to the 2.0% target and its impact will result in the Eurozone's economy falling into recession.