ECB Meeting: ECB Predicted to Maintain Interest Rates
WitriyaniThu, 14 Dec 2023
At the October meeting, the ECB Meeting decided not to change interest rates after previously experiencing an increase of 450 basis points in less than two years. On Thursday, December 14, at 13:15 GM
Eurozone Inflation Remains High, Euro Under Pressure
HaryantoMon, 21 Aug 2023
Jakarta, GIC Trade – The euro slipped below $1.09, nearing a six-week low after the July Fed meeting minutes suggested the U.S. central bank could raise interest rates again amid significant inf
Euro Pressured Amid US Dollar Rebound Ahead of Inflation Data
HaryantoTue, 08 Aug 2023
Jakarta, GIC Trade – The euro moved below the $1.10 mark, approaching the one-month low of $1.094 reached on August 2, as ongoing fiscal concerns in the US shifted selling pressure onto Treasuri
ECB Ends Rate Hike Cycle, Euro Slides
HaryantoMon, 07 Aug 2023
Jakarta, GIC Trade – EUR/USD is under selling pressure amid expectations for further Fed rate hikes, which provide some support for the dollar. Meanwhile, expectations that the ECB will soon end
ECB Monetary Policy Further, Euro Potentially Rises
HaryantoThu, 08 Jun 2023
Jakarta, GIC Trade – The euro traded around $1.07, remaining near a two-month low of $1.0633 touched on May 31, as investors weighed easing inflationary pressures in the eurozone again
German CPI rises 7.4 percent, euro moves up
HaryantoThu, 13 Apr 2023
Jakarta, GIC Trade – EUR/USD currency pair In Thursday's trading, the European session rose to a new monthly high above 1.1000. Meanwhile, the Final CPI in Germany matched the ini
Credit Suisse Crisis Weighs on the Euro
HaryantoThu, 16 Mar 2023
Jakarta, GIC Trade – The euro currency on Thursday held on to mild gains and pared its biggest daily decline since September 2022 in previous trading.
Meanwhile, European cent
Italian Industrial Production Contracts, Euro Depreciation
HaryantoTue, 14 Mar 2023
Jakarta, GIC Trade – The euro currency corrected to test the 1.0680 region as the U.S. dollar regained its appeal after falling to a multi-week low in the previous session in response to gr
ECB Hawkish Statement, Supports Euro Performance
HaryantoThu, 09 Mar 2023
Jakarta, GIC Trade – The euro depreciated to $1.05, The weakest level since Jan. 6, as investors rushed for the dollar amid signs of a potential acceleration of policy tightening from
Mixed Sentiment, Euro Moves Lably
WitriyaniFri, 10 Feb 2023
Jakarta, GIC Trade – The euro currency traded between gains and losses amid mixed sentiment as market participants digested the results of the FOMC and ECB meetings in the previous wee
Business Activity Grows, Euro Rebounds
WitriyaniFri, 27 Jan 2023
Jakarta, GIC Trade – The euro currency was observed to rebound amid market participants' expectations that the US central bank (US Federal Reserve/The Fed) will raise its benchmark int
ECB Hawkish, Euro Hits Seven-Month High
aninThu, 12 Jan 2023
Jakarta, GIC Trade – The euro hit a seven-month high against its U.S. dollar on May 31, with the major currency pair touching $1.07765 as the greenback weakened recently on expectations tha
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