European Central Bank

The euro looked poised to finish off the shortened week on a high note as it remained steady at $1.3838 at 8:05 GMT on Thursday morning. The common currency has held on to its buoyancy despite inflation data which put further pressure on the ECB to ease. The eurozone’s March inflation figure...

The euro remained steady at $1.3822 at 5:40 GMT on Wednesday morning. The common currency gained strength early in the week after the European Central Bank hinted at further easing.  Despite the situation in Ukraine and uncertainty about the region’s recovery, the euro has held on to the...

The euro was steady at $1.3815 on Tuesday morning after losing some of its strength on Monday due to ECB comments and tension in Ukraine. The common currency retreated modestly after European Central Bank President Mario Draghi remarked that the bank would be forced to step in if the euro...

On their first phone call since March 28 when Russia annexed Crimea, US President Barack Obama warned his Russian counterpart Vladimir Putin against further military intervention in Ukraine. Obama told Putin that any further moves by Russia would be counterproductive to finding a diplomatic...

The euro fell slightly as the European Central Bank worked to verbally devalue the currency after last week saw it rise past $1.39. The common currency traded at $1.3855 following Saturday's news conference with ECB President Mario Draghi. Reuters reported that Draghi warned bullish investors...

Ukrainian officials have given pro-Russian separatists a strict deadline to disarm or face a “full scale anti-terrorist operation." Ahead of the Monday morning deadline, the United Nation’s Security Council called an emergency meeting on Sunday night to discuss the rising tension between Moscow...

Next week will be a short, but action packed week with earnings season underway and several central bankers set to speak. Many countries’ markets will be closed on Friday, April 18 for the Good Friday holiday, but in the four days prior the banking sector will steal the spotlight with Citigroup...

The euro reached above $1.39 after regaining its momentum following the release of the Federal Reserve's meeting minutes. The common currency traded at $1.3901 at 7:30 GMT on Friday morning as investors weighed the possibility of further ECB easing in the future. Falling house prices in both...

The euro continued to climb against the dollar after the Federal Reserve's policy meeting minutes disappointed. The common currency traded at $1.3845 as the minutes contained no discussion about the length of time it would take to implement an interest rate hike as investors had been hoping....

The euro held on to its strength on Tuesday and traded at $1.3790 at 5:55 GMT. The common currency was riding a wave of positivism after European Central Bank officials made comments on Monday which indicated that quantitative easing was a long way off. At its April policy meeting last week,...