by Henry Liu on December 2, 2009
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.
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by Henry Liu on November 4, 2009
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.
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by Henry Liu on October 7, 2009
[flv:http://www.newsprofiteer.com/100809-ecbrate/100809-ecbrate.mp4 480 360]
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.
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by Henry Liu on September 2, 2009
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…
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