Bitcoin reversed course while the euro's two-day bounce stalled, with observers eyeing the European Central Bank's (ECB) reaction to the impending storm of high inflation and low growth. godbole17 reports.
Bitcoin reversed course while the euro's two-day bounce stalled, with observers eyeing the European Central Bank's reaction to the impending storm of high inflation and low growth.
The euro-dollar exchange rate was flatlined around 1.1065, having bounced nearly 200 pips in the preceding two days, according to TradingView. Markets have recently scaled back expectations for the ECB tightening as the ongoing Russia-Ukraine war is expected to push the European economy into recession characterized by high inflation.
Norge Siste Nytt, Norge Overskrifter
Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.
EUR/USD Price Analysis: Pares biggest daily jump in six years near 1.1050 ahead of ECBEUR/USD Price Analysis: Pares biggest daily jump in six years near 1.1050 ahead of ECB By anilpanchal7 EURUSD Technical Analysis ChartPatterns SupportResistance ECB
Les mer »
EUR/USD clings to 1.1050 on pre-ECB caution, US inflation, Ukraine eyed as wellEUR/USD holds onto the initial losses, down 0.11% intraday while taking rounds to 1.1050 during early Thursday morning in Europe. The major currency p
Les mer »
EUR/GBP remains depressed below 0.8400 mark, downside seems cushioned ahead of ECBThe EUR/GBP cross remained on the defensive through the early European session and was last seen trading near the daily low, just a few pips below the
Les mer »
EUR/USD Forecast: Risk mood to drive euro's action on ECB dayEUR/USD has registered impressive gains on Wednesday on renewed hopes for a de-escalation of the Russia-Ukraine conflict. The pair stays relatively qu
Les mer »
ECB seeks to reconcile soaring inflation with war risksThe European Central Bank is likely to make as few policy commitments as possible on Thursday as the shock of Russia's invasion of Ukraine up-ends its expectations for the economy and leaves policymakers grappling with new realities.
Les mer »
European stocks give back gains as ECB meeting looms; Goldman Sachs cuts growth outlook over UkraineEuropean stocks were on the backfoot on Thursday, ahead of a key central bank meeting and as oil prices renewed a push higher.
Les mer »