After reporting an unexpected jump in existing home sales in the previous month, the National Association of Realtors released a report on Tuesday showing existing home sales pulled back by much more than anticipated in the month of September. more...
The European Central Bank's monetary policy stance is appropriate and a reassessment is not warranted at this stage, though the bank stands ready to act when required, ECB Vice-President Vitor Constancio said Monday. more...
Trading the News: European Central Bank (ECB) Interest Rate Decision Even though the European Central Bank (ECB) is widely expected to retain its current policy in September, the fresh updates coming out of the Governing Council may trigger a selloff in EUR/USD should the committee show a greater willingness to expand/extend its quantitative easing (QE) program. What’s Expected: Why Is This Event Important ...
Trading the News: European Central Bank (ECB) Interest Rate Decision EUR/USD may continue to mark fresh monthly lows over the next 24-hours of trade should the European Central Bank (ECB) take additional steps to further support the monetary union. What’s Expected: Why Is This Event Important: Indeed, there’s growing speculation that the Governing Council will broaden the scope of its non-standard measures ...
- Euro-Zone Growth Rate to Rebound 0.1% in Third-Quarter. - Will ECB Venture into QE as Weak Growth Raises Threat for Deflation? Trading the News: Euro-Zone Gross Domestic Product (GDP) The Euro-Zone’s 3Q Gross Domestic Product (GDP) report may generate a larger correction in EUR/USD as the monetary union is expected to return to growth after stagnating during the three-months through June. What’s Expected: ...
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