The euro was under pressure on Monday ahead of a European Central Bank meeting l...
TOKYO - The euro was under pressure on Monday ahead of a European Central Bank meeting later this week at which policymakers are expected to deliver new stimulus to bolster a flagging regional economy.
Heightened expectations for an ECB easing come as other global central banks move to loosen the monetary spigot, including the People’s Bank of China, which on Friday cut the amount of cash that banks must hold as reserves. The dollar was confined to a narrow range versus the yen as traders weighed the prospect of U.S. interest rate cuts against their demand for safe-haven assets.
“The ECB is the big game in town globally this week, and the market is more comfortable with the Federal Reserve cutting rates, so I think the market is probably risk neutral.”
Österreich Neuesten Nachrichten, Österreich Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Euro on defensive ahead of ECB meeting amid worries about growthThe euro was on the back foot on Monday ahead of a European Central Bank meeting...
Weiterlesen »
Time for shock and awe: Five questions for the ECBThis week's European Central Bank meeting is shaping up as one of the most ...
Weiterlesen »
Portugal rekindle Euro hopes with 4-2 win in SerbiaEuropean champions Portugal got their Euro 2020 qualifying campaign back on trac...
Weiterlesen »
Euro on defensive ahead of ECB meeting amid worries about growthThe euro was on the back foot on Monday ahead of a European Central Bank meeting...
Weiterlesen »
Kendall Jenner Wears Neon Slip Dress While Out in New YorkYes, slip dresses are still a thing.
Weiterlesen »
Time for shock and awe: Five questions for the ECBThis week's European Central Bank meeting is shaping up as one of the most ...
Weiterlesen »