European Central Bank

By RoboForex Analytical Department As of Friday, the GBP/USD pair hovered around 1.2642, following a substantial decline. The Bank of England (BoE) has yet to find reasons to lower the interest rate, indicating intentions to maintain high rates for an extended period to support the necessary...

The European Central Bank (ECB) on Thursday held interest rates at 4%, signalling no policy action for the fourth-consecutive month and following in the Federal Reserve’s cautious footsteps. Like the Fed, there was no major shift towards dovishness in the following press conference, where ECB...

In a striking declaration, the European Central Bank (ECB) on Thursday said Bitcoin (CRYPTO: BTC) holds an intrinsic value of "zero." This announcement follows the U.S. Securities and Exchange Commission's (SEC) landmark decision to approve Bitcoin spot exchange-traded...

Christine Lagarde, the President of the European Central Bank (ECB), has raised concerns about the potential re-election of Donald Trump as the U.S. President, underscoring the need for a prepared political scenario. What Happened: Lagarde’s remarks came during an interaction at Bloomberg...

The European Central Bank (ECB) president, Christine Lagarde, has voiced apprehensions about the possible re-election of Donald Trump as US president, terming it a “clear threat” to Europe. What Happened: While speaking to France 2, Lagarde suggested that the policies implemented by...

In a significant shift, central banks across the world are projected to dial down interest rates in 2024, following an era of sharp rate increases. The main concern is whether this change can be executed swiftly enough to alleviate the impact of past tightening and avoid a severe economic downturn...

One of the most important names in the world of finance is European Central Bank President Christine Lagarde. The words of Lagarde are often used to get a read on the overall financial health of nations in Europe and can serve as guidance for worldwide financial recommendations. Although Lagarde is...

On Thursday, the European Central Bank hiked for the 10th time their interest rates by 25 basis points to 4%, the highest since 2001, defying the market expectations of a pause. According to Lagarde, some colleagues would have preferred to pause instead, but in the end it was decided to press...

European stocks embarked on a vigorous rally following the European Central Bank’s (ECB) latest interest-rate announcement on Thursday. The ECB took a significant step by raising interest rates for the tenth consecutive time, pushing the main refinancing operations rate to a 22-year high of 4...

Even the most pessimistic analysts are throwing in the towel and conceding that they were wrong. Against that backdrop, top economist Mohamed El-Erian said it may be too early to call for a period of convergence – a period when the economy and financial markets are moving together. Growing Evidence...

Federal Reserve policymakers are expected to raise rates again on Wednesday to the highest level seen in 22 years. What Happened: The Federal Reserve and the European Central Bank are expected to raise interest rates by 25 basis points. However, the key focus will be whether policymakers...

The European Commission has unveiled an ambitious vision that aims to lay the groundwork for the creation of a digital form of the euro. Goal Of Modernizing Euro Currency The initiative seeks to modernize the currency, ensuring that citizens and businesses throughout the eurozone can continue to...

In a significant development, CACEIS, a fundamental asset servicing division of banking behemoths Crédit Agricole and Santander, has received the green light from French regulators to offer cryptocurrency custody services. As per France's Financial Markets Authority (AMF), CACEIS Bank...

In an effort to combat elevated inflationary pressures, the European Central Bank (ECB) announced a 0.25% increase in its key interest rates, bringing the cost of borrowing to the highest levels in over two decades. ECB Governor Christine Lagarde said that inflation is projected to remain too high...

The European Central Bank (ECB) is finalizing prototypes for a digital euro. The ECB enlisted input from various industry participants to affirm the technical potential and the availability of European providers for developing digital euro solutions. This exploration signifies a variety of...