European Central Bank
The European Central Bank (ECB) is the institution of the European Union (EU) tasked with administrating the monetary policy of the 16 EU member states taking part in the Eurozone.
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The Euro fell from a two week high against the U.S Dollar following the release of Jean-Claude Trichet's, president of the European Central Bank, decision to keep its key interest rate unchanged and extend certain economic stimulus measures deemed “necessary” to cement the recovery.
Published on Tuesday 9th of March 2010 11:49:19 PM
Posted by admin! / Under European Central Bank
The dollar advanced against the euro but slipped against the pound and yen Thursday ahead of U.S. economic data and as European central banks announced their latest interest decisions.
Published on Tuesday 9th of March 2010 11:49:19 PM
Posted by admin! / Under European Central Bank
As expected, both the European Central Bank and the Bank of England kept their rate unchanged on Thursday.
Published on Tuesday 9th of March 2010 11:49:19 PM
Posted by admin! / Under European Central Bank
Currencies Euro Falls From Two-Week High on Concern ECB Will Delay Exit; Yen Advances The euro fell from a two-week high against the dollar on speculation the European Central Bank will delay withdrawing its stimulus measures amid lingering concern over Greece, damping demand for the region's assets...
Published on Tuesday 9th of March 2010 11:49:19 PM
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