LONDON (Reuters) – Annual inflation to July in the eurozone due out this morning is seen falling to 1.1% from 1.3% previously, an outcome that would give the ECB more room to add stimulus – the more so if GDP growth, which comes out at the same time, …Read more
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Daily Forex News April 16th 2013
Daily FX Strategy Fade sterling strength
Lower EUR and stronger CHF Eurozone July PMIs are not expected to rebound with the manufacturing series remaining in contractionary territory This will continue to build the case for ECB easing
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Euro May Fall if 3Q GDP Data Bolsters the Case for More ECB Stimulus
The preliminary set of third-quarter Eurozone GDP figures headlines its limited impact on near-term ECB monetary policy Indeed Mario Draghi and company have already unveiled a diverse medley of easing measures this year some of which have yet
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German 10-Yr Yield Hits Record Low on ECB Easing Expectations
Major volatility is seen in the bond markets as German 10-year yield hits another record low Expectations on ECB easing continues to intensify neutral for now even though the case of bearish reversal is building up Decisive break of 13068 cluster
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SP 500 Weekly Update The Tug Of War Is In Full Swing As The SP And Nasdaq Make New Highs
With the Eurozone economy still sputtering Mario Draghi decides to keep interest rates at the same level In a revision to its forward guidance the ECB data since 2007 only 70 have seen
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Closed ECB leaves rates unchanged in July as it happened
The European Central Bank has left interest rates unchanged in July as expected The euro has picked up from its daily lows extraordinary easing measures coming to an end was a reasonable expectation given the strong tone to eurozone data
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Eurozone crisis live Moodys cuts EU outlook as Germany urges Greece on – as it happened
Todays market price action in Europe highlights perfectly the uncertainty gripping investors ahead of this weeks key ECB rate meeting and press conference Having seen some brief excitement on an otherwise slow afternoon there ends the case for
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