European Central Bank

The Euro fell against Pound Sterling and the Dollar after the European Central Bank (ECB) opted to raise interest rates 25 basis points.

European inflation ticked higher in April for the first time since September but the more closely watched measure of core inflation edged lower in a Eurostat report that has uncertain implications for European Central Bank (ECB) monetary policy ahead of Thursday's interest rate decision. 

The Euro to Dollar exchange rate entered the new month procrastinating around the 1.10 handle but would likely struggle to sustain itself above that level unless this week's central bank policy decisions provide the single currency with a clearer interest rate advantage over the greenback.

The Pound to Euro exchange rate approached the year's highs last week and could attempt to reach its best levels since December 2022 if Euro area inflation ebbs again and the European Central Bank (ECB) adopts a less hawkish monetary policy stance in the days ahead. 

The Euro to Dollar exchange rate stalled before remaining buoyant near intraday highs after the European Central Bank (ECB) raised all of its interest rates but said little about how it would proceed through the months ahead, leading to a variety of responses from analysts and economists.

Many European share markets were higher ahead of the North American open on Thursday including those in Switzerland, France and Germany, in a potentially favourable outcome for TS Lombard strategists who've tipped large U.S. bank stocks as a short-term buy and European government bonds as a sell.  

The Pound to Euro exchange rate climbed while the EUR/USD dipped from intraday highs after the European Central Bank (ECB) pushed ahead with an earlier announced increase in all of its interest rates but said little about how it might be likely to proceed in the months ahead. 

The Euro to Dollar exchange rate has bounced sharply from the year's lows in recent trade but the balance of directional risk remains tilted to the upside ahead of Thursday's European Central Bank (ECB) interest rate decision owing in part to a sharp repricing of the Federal Reserve (Fed) policy outlook. 

The Euro to Dollar exchange rate led the single currency near to the top of the major currency board for the week and has been tipped as a buy at Nomura ahead of the European Central Bank (ECB) interest rate decision and forecast update for March.

The ECB committed to further "significant" interest rate hikes as it seeks to combat inflation in a stance that will likely ensure Euro exchange rates remain bid.

European Central Bank President Christine Lagarde warned in the ECB's final press conference of the year that "a relatively short-lived and shallow" technical recession may be seen in the months ahead due to a growing collection of economic ailments stemming from the energy crisis. 

GBP/EUR is sharply lower after the European Central Bank raised interest rates by a further 50 basis points but warned significantly more hikes are required than had previously been assumed.

The Euro pared earlier losses against the Dollar and did some of the work driving a rally in EUR/GBP after the European Central Bank (ECB) raised its forecasts for inflation in the Eurozone before writing a hawkish prescription of "significantly" higher borrowing costs in response.

The Euro remained one of the better performing major currencies this week even after October's European Central Bank (ECB) decision prompted the market to perhaps mistakenly adjust its expectations for interest rates lower.

The Pound to Euro exchange rate climbed back toward its October highs after the European Central Bank (ECB) announced another abnormally large increase in its interest rate and warned that its policy settings could impose an added burden on the Eurozone economy in the near future.

The Pound to Euro exchange rate has defied gravity near to one month highs in recent trade but will struggle to recover further this week unless Thursday's European Central Bank (ECB) interest rate decision disuades the market of its recently improved appetite for the single currency. 

The Euro to Dollar rate reversed a short-lived rally on Thursday after European Central Bank President Christine Lagarde made clear the potential costs of an escalating confrontation of inflation, which elicited the monetary union's largest interest rate rise to date in September's decision.

Euro exchange rates find support in the wake of the European Central Bank's (ECB) 75 basis point interest rate hike and the clear message it will continue to hike as "inflation remains far too high".

The ECB should hike interest rates by a massive 75 basis points on Thursday, but such a surge in Eurozone lending rates will unlikely boost the Euro according to new analysis.

The European Central Bank may be set to remain on its current hawkish interest rate course even as the common currency economic area enters the eye of an energy supply storm this winter if the latest remarks from executive board member and ECB policymaker Isabel Schnabel are anything to go by.