File photo: European Central Bank President Lagarde addresses the European Parliament in Strasbourg Reuters European Central Bank President Christine Lagarde said Monday that the ECB is “very serious” about the design of the digital euro. At the virtual IMF event, Lagarde said the epidemic has caused a number of structural …
Read More »In bearish consolidation phase around 1.1850 ahead of ECB minutes
Bears of EUR / USD take a kiss after Wednesday’s sale. Dollar holds profit after post-FOMC minutes. US Jobless Claims and ECB minutes in focus. EUR / USD pair sees its adverse consolidation phase expanding to 1.1850 in Europe as the bears take a break after Wednesday’s more than 100-pips …
Read More »2 of Europe’s major central banks dropped hints that it may be time to start removing unprecedented coronavirus stimulus packages
Tolga Akmen / Getty The chief economists at the Bank of England and the European Central Bank are indicating that it may be time to back off from injecting massive amounts of economic stimulus into the economies. Trade indicators seem to suggest that the world economies and the UK have …
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