The message that ECB president Mario Draghi sent was very calm and puts faith in temporary factors. Energy and food prices, austerity and also the bank stress tests are all to blame for low inflation, which he doesn’t see as materializing to outfight deflation. However, there is one factor that wasn’t mentioned in the press...

The post Analysis: ECB expects the situation to sort itself out, appeared first on Forex Crunch.

The European Central Bank acknowledged the slowdown in the local and global economies and said that risks are moving to the downside. But will they take the extra step and downgrade the guidance on interest rates? How low will the new growth and inflation forecasts go? And what about a new TLTRO program? EUR/USD is...

The post Will Draghi drag down the euro or is it ready to rally? Live Coverage appeared first on Forex Crunch.

The ECB’s message is finely balanced between risks and confidence. EUR/USD buys this relative confidence, at least for now.   The door is open to a dovish shift in March. The European Central Bank left its policy and messages unchanged. The interest rate may still rise in September despite growing signs of a slowdown. President...

The post EUR/USD enjoys Draghi’s balance, but could fall in March appeared first on Forex Crunch.

The euro-zone economies are suffering from a deteriorating situation. The recent forward-looking PMIs emphasized the hardship, with Italy and Germany flirting with contraction. Will the European Central Bank acknowledge the situation? Is Draghi open to pushing back on the guidance regarding a rate hike in September? Join us for a live coverage:

The post Will Draghi acknowledge the worsening situation? ECB Live Coverage appeared first on Forex Crunch.

The European Central Bank is set to announce the conclusion of Quantitative Easing, the bond-buying scheme that brings its balance sheet to 2.6 trillion euros. The ECB will also publish new forecasts for growth and inflation and may alter its pledges about interest rates. Recent economic data has not been that great and the pledge...

The post ECB Live: Draghi ends bond buying, but he could still drag EUR/USD down appeared first on Forex Crunch.

The ECB’s Draghi drew a balanced picture of the economic situation. He was slightly more positive than negative, supporting the Euro. The next moves depend on Italy, stocks, and other events. The European Central Bank left its policy unchanged as broadly expected.  ECB  President  Mario Draghi  described risks as broadly balanced. He maintained his slightly...

The post Draghi does not rock the boat, EUR/USD at the mercy of markets appeared first on Forex Crunch.

Core inflation dropped from the highs but growth still looks OK. Wages and employment are on the rise but the clash between the EU and Itay weighs on the euro-zone. The European Central Bank is set to leave its policy measures unchanged after bond-buying was tapered down to 15 billion euros per month. But what...

The post EUR/USD: Will Draghi smile or frown? Live Coverage appeared first on Forex Crunch.

The NFP always moves markets, but how exactly? We  look at the bigger picture of the market impact, continue with  previewing the ECB and finish with  discussing more events on the calendar. You are welcome to listen, subscribe, provide feedback and  pledge support on  Patreon. NFP Impact:  The Non-Farm Payrolls report always leaves its mark...

The post What markets really do on jobs day – MM #117 appeared first on Forex Crunch.

As we turn the page to May there’s a lot on our plate: Draghi’s impact on the euro, Macron’s lead in France and the Donald’s first 100 days. Markets care about three things, and the wishes are not really being fulfilled. We finish off with a preview of the next week, focusing on the Fed....

The post No more dovish Draghi and diagnosing the Donald – MM appeared first on Forex Crunch.

The euro is at record  levels and Draghi couldn’t stop it. We then move to the changes in oil markets and the current pendulum swing. You are welcome to listen, subscribe, provide feedback and  pledge support on Patreon. Draghi’s failed dovishness: The ECB could not convince markets that they are dovish. Isn’t printing 60 billion...

The post Draghi Dud and the Petrol Pendulum – MM #153 appeared first on Forex Crunch.