Thu Lan Nguyen, EMEA FX strategist at Commerzbank, says it is unlikely that the European Central Bank will hike interest rates next week as it still needs to carry out an inflation impact assessment.
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The euro nursed heavy losses early in Asia on Friday, having suffered its biggest one-day drop in over six months after a shock slowdown in inflation.
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For 30 years, whenever economic crises hit the world, Jean-Claude Trichet was at the centre of action. As his career draws to a close – his eight-year term as European Central Bank president ends in three weeks – the former French finance official and Banque de France governor is in the midst of...
European Central Bank's governing council member Erkki Liikanen on Monday said it is important to recapitalize banks in the euro zone to counter the crisis which he considered as Europe's greatest since world war II.
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Discussing the ECB's announcement to buy covered bonds on hopes to improve bank funding, with CNBC's Michelle Caruso-Cabrera and James Paulsen, Wells Capital Management.
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The euro was unusually steady against the greenback in early Asia on Thursday as uncertainty gripped markets ahead of an ECB meeting which could see rates cut or the rebirth of long-term lending to banks.
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Will Oswald, Global Head of FICC Research at Standard Chartered bank on monetary policy direction from ECB and deeper structural fiscal issues facing the region.
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European banks are rallying on hopes for an expansion of the Euro Zone bailout program and possible ECB interest rate cut. Louise Cooper, markets analyst at BGC Partners, weighs in.
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The euro clung to gains against the greenback on Friday, boosted by key central banks coordinated action to add liquidity to the European banking system, but the rally is unlikely to last as the Greek debt crisis remains in a critical state.
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Britain is to sue the European Central Bank for setting rules that allegedly handicap the City of London and would force one of the world’s largest clearing houses to decamp operations to the euro area.
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It has been another dramatic weekend in the euro zone. On Friday, Germany’s representative on the European Central Bank's governing council, Juergen Stark, resigned in protest at the bank's decision to buy Italian and Spanish bonds. He will be replaced by German deputy finance minister Joerg...
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