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Blog: Euro boosted by ECB action
SteveT 1264 days ago
The euro recovered from session lows against the dollar after the European Central Bank said it had decided to suspend the minimum rating requirement threshold for Portuguese ...
Blog: Euro Rises as Trichet Unapologetically Bullish
The EUR/USD rose during the monthly press conference by ECB President Jean Claude Trichet in which he suggested that the central bank may tighten monetary policy further aft...
Blog: Currencies: Euro gains as Trichet gives Portugal a break
The euro recovers after European Central Bank President Jean-Claude Trichet says the bank will suspend its minimum rating requirement to accept collateral from Portugal for lo...
Blog: ECB Hikes Monetary Policy Interest Rate 25bps to 1.50%
CentralBankNews 1264 days ago
The European Central Bank (ECB) increased the Main refinancing operations rate by 25 basis points to 1.50% from 1.25% and increased (+25bps) the Marginal lending facility to...
Blog: ECB Coene says private sector aid not a good idea
He adds it needs further discussion. He adds the rate hike to stop an inflation bubble. Forex News and Commentary by FXDD » Forex Trading ECB Coene says private sector aid no...
Blog: Mid-Day Report: The Greenback Surges on Much Better-than-Expected ADP Job Data
The greenback remained confined within narrow range in early part of European trading, the decisions from both central banks came in as expected, European Central Bank raised ...
Blog: ECB Policy decision
In a unanimous decision, the ECB council has raised its benchmark refi rate by 25bp to 1.5%. The move was widely expected following Jean-Claude Trichet’s prior statement tha...
Blog: FOREX-Euro gains buoyed by ECB Trichet’s Portugal comments – London South East
Financial Times (blog) FOREX-Euro gains buoyed by ECB Trichet's Portugal commentsLondon South East'They're suspending minimum credit rating requirements (for c...
Blog: Currencies: Euro turns up; Trichet gives Portugal a break
Blog: Juncker work continues on a private sector bailout
The French Plan is unacceptable for the ECB and the EU if it leads to a default by the rating agencies. This takes the plan off the table for the EU. The Wall Street Journ...
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