The JPY is the strongest and the Euro the weakest at the start of the North American session. JPY confirms its reaction to BOJ Governor Nikkei’s report that Kazuo Ueda will be appointed as...
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ECB’S NAGEL: RATES MUST RISE, UNCONVENTIONAL MEASURES SHOULD BE UNWOUND
The European Central Bank (ECB) must continue to hike rates and halt bond purchases once their job is done, European Central Bank (ECB) Governing Council member and German central bank head Joachim Nagel said on...
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ECB’S NAGEL: RATES MUST RISE, UNCONVENTIONAL MEASURES SHOULD BE UNWOUND
The European Central Bank (ECB) must continue to hike rates and halt bond purchases once their job is done, European Central Bank (ECB) Governing Council member and German central bank head Joachim Nagel said on...
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ECB’s Villeroy: There are no limits to purchases with TPI mechanism
ECB will be as determined in activating TPI if necessary TPI decision shows unity and unlimited commitment to the euro All pretty words and aimed at trying to „close the spreads” after having seen...
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Goldman Sachs preview the European Central Bank monetary policy meeting coming on July 21
Goldman Sachs (in brief) We expect the Governing Council to hike policy rates by 25 bps and provide additional details of its sovereign backstop. Although the sharp depreciation of the euro, recent central bank...
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MUFG’s 3 reasons to look for lower EUR/USD
“We expect the EUR to remain under downward pressure in the near-term driven by ongoing fears over disruption to the euro-zone economy from energy supply constraints and fragmentation risks. Those fears are unlikely to...
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