ECB Minimum Bid Rate Decision 03/04/2010

Posted by Henry Liu on March 3, 2010 under EUR ECB Interest Rate, Europe, Forex News Trade | Be the First to Comment

7:45am (NY Time) EU ECB Rate Decision  Forecast 1.00%  Previous 1.00%
ACTION: EUR/USD       N/A

ECB (European Central Bank) is likely to once again leave its minimum bid rate at 1.00% or unchanged this month.  The majority of analysts agree to this sentiment as  according to ECB, it is will keep rates unchaged until 2011. 

Euro Zone is still plagued with the imbalanced economic recovery of its member countries, especially Greece, Spain, Portugal, and Italy… As a matter of fact, even with the Austerity Measures issued by Greece yesterday, the risk of a sovereign default is still possible.

ECB Minimum Bid Rate Decision 02/04/10

Posted by Henry Liu on February 3, 2010 under EUR ECB Interest Rate, Europe, Forex News Trade | Be the First to Comment

7:45am (NY Time) EU ECB Rate Decision  Forecast 1.00%  Previous 1.00%
ACTION: EUR/USD       N/A

ECB (European Central Bank) is expected to leave its official interest rate at 1.00% or unchanged once again this month.  The majority of analysts surveyed seems to agree to this sentiment as  ECB is likely to keep rates unchaged at the current level until 2011 as the Euro Zone is still plagued with the imbalanced economic recovery of its member countries, especially Greece… As a matter of fact, should Greece default from unable to fulfill its debt obligations, the entire Euro Zone will suffer greatly and EUR could depreciate even below parity against the USD.

ECB Minimum Bid Rate Decision 01/14/10

Posted by Henry Liu on January 13, 2010 under EUR ECB Interest Rate, Europe, Forex News Trade | Be the First to Comment

7:45am (NY Time) EU ECB Rate Decision  Forecast 1.00%  Previous 1.00%
ACTION: EUR/USD       N/A

ECB (European Central Bank) is expected to leave its official interest rate once again at 1.00%, or unchanged.  Analysts surveyed seem to agree that it is too soon for ECB to hike interest rate.  ECB will probably keep rates unchaged at the current level until possible until 2011 as the Euro Zone is still plagued with the imbalanced economic recovery of its member countries, especially with the recent news out of Greece… Therefore there would be no real justification for a rate hike, regardless of what speculators are thinking.  However, in order to fight against growing concerns over inflation, ECB has already started a series of withdrawals of their liquidity program since last year, which means that chances for a surprise rate hike would be much less possible, although the gesture of winding down their stimulus is undoubtedly positive for the EURO.

ECB Minimum Bid Rate Decision (Interest rate decision) 12/03/09

Posted by Henry Liu on December 2, 2009 under EUR ECB Interest Rate, Europe, Forex News Trade | Be the First to Comment

7:45am (NY Time) EU ECB Rate Decision  Forecast 1.00%  Previous 1.00%
ACTION: EUR/USD       N/A

It is widely expected that ECB (European Central Bank) is likely to leave its official interest rate once again at 1.00%, or unchanged.  Analysts surveyed seem to agree that it is too soon for ECB to hike interest rate.  ECB’s next interest rate move is likely to be a hike, but it probably won’t take place until the end of first quarter of 2010 as I’ve pointed out in the analysis during last ECB Rate Decision.

ECB Minimum Bid Rate Decision 11/05/09

Posted by Henry Liu on November 4, 2009 under EUR ECB Interest Rate, Europe, Forex News Trade | Be the First to Comment

7:45am (NY Time) EU ECB Rate Decision  Forecast 1.00%  Previous 1.00%
ACTION: EUR/USD       N/A

ECB (European Central Bank) is likely to leave its official interest rate once again at 1.00%, or unchanged.  Analysts surveyed by different news agencies (Bloomberg, Reuters, etc…) seem to agree that it is too soon for ECB to hike interest rate and the time has passed for further rate cuts.  ECB’s next interest rate move is likely to be a hike, but it probably won’t take place until the end of first quarter of 2010.

ECB Minimum Bid Rate Decision 10/08/09

Posted by Henry Liu on October 7, 2009 under EUR ECB Interest Rate, Europe, Forex News Trade | Be the First to Comment

7:45am (NY Time) EU ECB Rate Decision  Forecast 1.00%  Previous 1.00%
ACTION: EUR/USD       N/A

ECB (European Central Bank) will most likely leave rates at an unchanged level of 1.00% once again.  It is almost impossible for ECB to surprise the market at this point and cut or hike current rate by 0.25%. Numerous of ECB officials, including chairman Trichet, stated recently that the current rate is appropriate, the expectation for ECB rates among analysts is pretty much neutral. 

ECB Minimum Bid Rate Decision 09/03/09

Posted by Henry Liu on September 2, 2009 under EUR ECB Interest Rate, Europe, Forex News Trade | Be the First to Comment

7:45am (NY Time) EU ECB Rate Decision  Forecast 1.00%  Previous 1.00%
ACTION: EUR/USD       N/A

ECB (European Central Bank) will probably leave rates at an unchanged level of 1.00%.  It is very unlikely for ECB to surprise the market and cut or hike current rate by 0.25%.  As numerous of ECB officials stated recently that the current rate is appropriate, the expectation for ECB rates among analysts is pretty much neutral.  Furthermore ECB is concerned over the imbalanced economic recovery over its member countries, therefore there would be no justification for a rate hike; and God forbids should ECB cut the current rate and send the world a message that ECB has been incompetent and clearly behind the curve and needs a rate cut at this late stage in order to somehow stimulate their economies…  

ECB Minimum Bid Rate Decision 08/06/09

Posted by Henry Liu on August 5, 2009 under EUR ECB Interest Rate, Europe, Forex News Trade | Be the First to Comment

7:45am (NY Time) EU ECB Rate Decision  Forecast 1.00%  Previous 1.00%
ACTION: EUR/USD       N/A

ECB (European Central Bank) is once again to leave rates at an unchanged level of 1.00%.  It is very unlikely for ECB to surprise the market and cut current rate or even hike the rate by 0.25%.  As numerous of ECB officials stated recently that the current rate is appropriate, the expectation for ECB rates among analysts is pretty much neutral.

NFP and ECB Rate News Trade – 07/02/09

Posted by Henry Liu on July 2, 2009 under EUR ECB Interest Rate, US Non-Farm Payroll | Be the First to Comment

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