Christine Lagarde Archives - Financial Mirror

Euro under pressure as ECB eyes rate cut

The European currency is under pressure on Tuesday as the Euro trades close to a five-month low against the dollar near the round-level support of 1.0600. The EURUSD currency pair is vulnerable

16th April 2024

Markets/World

Euro-Dollar weakens ahead of Fed, Lagarde cites lower inflation

The EURUSD pair declined to the lower 1.0800s on Wednesday, after several European Central Bank speakers, including President Christine Lagarde and Bank of Ireland Governor and ECB governing council member Gabriel Makhlouf, cited

20th March 2024

Markets/World

Strong batch of US data, ECB gives little away

By Craig Erlam US economic data continues to point to an economy that’s doing very well, despite the various headwinds, including very high interest rates. GDP data for the fourth quarter easily

26th January 2024

Markets/World

Hawkish BoE followed by uneventful ECB

By Craig Erlam The Bank of England and the European Central Bank both left rates on hold on Thursday, but unlike following the announcement of their counterparts in the US, there were

14th December 2023

Markets/World

ECB delivers dovish final rate hike

By Craig Erlam The ECB raised interest rates again on Thursday, probably for the last time in the tightening cycle although it did leave itself some flexibility on that front. The 25-basis-point

15th September 2023

Markets/World

Market caution returns on China woes

By Lukman Otunuga, Senior Market Analyst at FXTM Asian markets were painted red on Tuesday with Chinese stocks leading losses, as disappointing PMI services data fuelled concerns over the nation’s sluggish economic

5th September 2023

Markets/World

Euro sinks as ECB signals a September pause

By Craig Erlam The ECB raised rates by a quarter point for potentially the final time in the tightening cycle on Thursday, although it refused to give any indication of what will

28th July 2023

Markets/World

ECB hikes rates, warns another is coming

By Craig Erlam The ECB raised interest rates by another 25 basis points on Thursday and signaled there’s more to come as it significantly revised up its core inflation forecasts for this

16th June 2023

Markets/World

Markets lower on central bank decisions

By Jameel Ahmad, Chief Analyst at CompareBroker.io Following a lack of information from the Federal Reserve regarding the US interest rate outlook moving forward, attention once again turned towards resumed selling in

5th May 2023

Markets/World

A gamble from the ECB?

By Craig Erlam It’s been another wild session in financial markets and the ECB had the unenviable task on Thursday of making a decision on interest rates amid all of the uncertainty

17th March 2023

Markets/World