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Thursday, 16 April 2015
News

Euro lower in a steadier European part of the session

It is a less eventful European part of the session with only Italian Trade Balance figures being release. Latest report showed 3.54 billion euros of surplus, well above expectations on 1.21 billion euros of surplus. Traders are still weighing on yesterday's Draghi's comments at ECB Press Conference, but overall we can expect that ECB will precede with its accommodative policy.
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Wednesday, 11 March 2015
News

Draghi said ECB expanded policy tools to meet mandate

European Central Bank buying of government and other debt may be shielding countries in the euro zone from contagion from events in Greece, ECB President Mario Draghi said on Wednesday. Draghi said ECB expanded policy tools to meet mandate. "We also saw a further fall in the sovereign yields of Portugal and other formerly distressed countries in spite of the renewed Greek crisis," Draghi told a conference in Frankfurt.
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Thursday, 05 March 2015
News

Euro lower after ECB Press Conference

“Our monetary policy decisions have worked, and it is with a certain degree of satisfaction that the Governing Council has acknowledged this,” Mario Draghi said at a ECB press conference following interest rate decision. “We see objectives are gradually being obtained.” While reiterating that the “risks surrounding the economic outlook for the euro area remain on the downside,” Draghi also said they “have diminished following recent monetary policy decisions.” 
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Thursday, 05 March 2015
News

Markets quite ahead of ECB

It is a steadier European part of the session as traders are awaiting for ECB interest rate decision and following Press Conference in which ECB President Mario Draghi should lay out more details on stimulus program.
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