Search Results for: ECB
EU Central bank: Firms and households demand more loans
October 24th, 2018
Credit standards for loans to enterprises eased further in net terms in the third quarter of 2018, according to the October 2018 bank lending survey (BLS). The net easing of credit standards – i.e. banks’ internal guidelines or loan ...
Euro, Sterling try to steady as traders keep wary eye on Italy budget, Brexit
October 22nd, 2018
The euro and the British pound managed to hold steady against the dollar on Monday as investors cautiously awaited developments around Brexit as well as Italy’s budget plan which drew heavy criticism from the European Union. The dollar was ...
British pound is facing continued pressure on Friday morning
October 12th, 2018
The British pound is facing continued pressure on Friday morning after Liam Fox, Michael Gove and Dominic Raab spoke out against the UK PM at a senior ministers Brexit meeting in Downing Street last night. The Pound to Euro ...
Italy Calls Europe’s Bluff — And The Euro Loses Either Way
October 4th, 2018
When Italy elected a bunch of rowdy populists back in March, the rest of the eurozone assumed (or at least hoped) that the weight of responsibility would bring Rome back into line. But so far the Italians appear to ...
More Emerging Market Chaos – How Long Before It Spreads To The Developed World?
August 31st, 2018
Emerging market chaos is now front page news. Let’s start with Argentina, where the peso has resumed its plunge: In response: “Argentina Central Bank hikes interest rate to 60 percent (AP) — Argentina’s Central Bank has increased its ...
Euro Pound Sterling (EUR/GBP) exchange rate looks for boost from steady inflation data
August 31st, 2018
Ahead of August’s German and Eurozone consumer price index data the Euro to Pound Sterling (EUR/GBP) exchange rate remained under pressure. However, as forecasts point towards the headline inflation rate remaining steady on the year this could offer the ...
Is Tunisia the next emerging market to implode?
August 28th, 2018
Seems like every few days a new developing country discovers that it can’t pay back the dollars and/or euros it borrowed back when “external foreign currency debt” seemed like a good thing. Next up: Tunisia, apparently. From today’s ...
Euro to British Pound exchange rate continues to climb despite slowing German trade
August 8th, 2018
Tuesday saw the publication of most of this week’s most notable Eurozone ecostats, but they didn’t have a particularly influential effect on the direction of the Euro to British Pound (EUR/GBP) exchange rate. Instead, the Pound remains limp as ...
Pound to Euro exchange rate dips on UK consumer confidence disappointment
August 1st, 2018
On Monday, the Pound to Euro exchange rate opened in the region of €1.1244 and closed down lower around €1.1219. This deterioration in the value of the Pound was mainly caused by Eurozone economic data, which supported the single ...
Emerging currency traders are being kept on their toes
July 30th, 2018
Emerging-market foreign-exchange traders are being kept on their toes even as their counterparts dealing in developed currencies might be struggling to stay awake amid the lull of the northern summer. Implied volatility on emerging-market currencies has surged and ...
