European Central Bank News
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11 hrs ago | Investopedia
Contrary to what many, the expected divergence of monetary policy between the Federal Reserve tapering on one hand, and the European Central Bank which likely to have to provide more monetary support next year on the other hand, has not spurred a US dollar rally against European currencies, noted the BBH Global Currency Strategy Team.
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The Indian currency continued its rally against the US dollar for the third consecutive day on Friday, helped by gains in Euro after the European Central Bank refused to ease the monetary policy further.
Italian banks returned 4.1 billion euros in longer-term European Central Bank loans in November, reducing the total outstanding amount to 224.9 billion euros, Bank of Italy data showed on Friday.
Former Spanish Prime Minister Jose Rodriguez Zapatero last week published a book called "The Dilemma" about his last years in office, recalling how Merkel, as well as the heads of the European Central Bank and the International Monetary Fund approached him during 2010-2011 to ask his country to take a bailout.
Euro/dollar futures and contracts for difference moved marginally on Wednesday ahead of the European Central Bank setting the monetary policy.
LONDON: European stock markets edged higher in cautious deals yesterday, before a British budget update and interest rate decisions from both the Bank of England and the European Central Bank.
U.S. economic growth in the third quarter was revised higher to 3.6%. Weekly jobless claims fell 23,000 to 298,000.
Japanese Prime Minister Shinzo Abe's cabinet approved a $182 billion economic package to pull the economy out of deflation, but doubts remain about the economic impact.
European stock markets headed for a fifth straight day of losses on Thursday, as investors opted for the sidelines ahead of monetary-policy decisions from both the European Central Bank and the Bank of England.
The European Central Bank left its key interest rate unchanged on Thursday, even though the economic recovery has almost ground to a halt in the 17-country eurozone.
A man looks at a display in a shoe store in Madrid, Spain, Wednesday, Dec. 4, 2013.
Santa Fe police are working on a new way to put a stop to busy burglars. Instead of throwing them in jail they want to put them rehab.
The European Parliament's economic and monetary affairs committee voted on Thursday in favour of Daniele Nouy's appointment to chair the euro zone's new banking watchdog.
The European Central Bank isn't likely to cut rates Thursday, having just delivered a surprise easing in November.