Page 6 - European Central Bank

ECB pushes on with stimulus exit, hikes inflation forecasts for 2022-24

February's record 5.8 per cent inflation rate and the prospect of an even higher reading in March intensified pressure on the bank to act in line with its inflation-busting mandate

Euro eases following ECB meeting, while dollar rises after inflation data

The euro touched a 22-month low of $1.0804 earlier in the week, with investors expecting the crisis in Ukraine to have a sizeable impact on European growth.

Euro extends recovery as ECB phases out stimulus package

The statement from the central bank, released at 1245 GMT sent the yield of euro zone government bonds sharply higher and saw the dollar index reverse into negative territory

Euro rallies ahead of ECB meet, Poland's zloty and Hungary's forint surge

Sterling rose 0.4% against the dollar to $1.3148, Poland's zloty jumped 1.8% against the greenback to 4.3808 and Hungary's forint surged 2.8% to 345.80.

Euro edges up 0.5% against the dollar ahead of ECB meeting

Other European currencies such as Poland's zloty and Hungary's forint rebounded from record lows against the euro, both supported also by their central banks' sharp interest rate hikes on Tuesday.

Ukraine upends stimulus exit: Five questions for the European Central Bank'

The European Central Bank's plans to dial back stimulus have been upended by Russia's invasion of Ukraine

Ukraine conflict: ECB says Russia bank subsidiary likely to fail

The European Central Bank said early Monday that the bank had 13.6 billion euros in assets at the end of last year, but has experienced "significant deposit outflows" due to "geopolitical tensions"

Dollar gives up some of its previous day's gains, Ukraine still in focus

The euro was last at $1.1218, up 0.24%, having plunged to as low as $1.1106 on Thursday, its lowest since May 2020

Euro edges higher, but focus still on Russia-Ukraine crisis

The euro was up 0.1% against the dollar at $1.1340 after hitting its lowest on Tuesday since Feb. 14 at $1.1286

Euro rises as Russia says still open to dialogue on Ukraine crisis

The U.S. dollar, edged 0.2% lower at 95.938 against a basket of currencies including the euro, as investors await further developments in the crisis

Euro volatility spikes as Russia orders troops into eastern Ukraine

Russian President Vladimir Putin ordered troops to two breakaway regions in Ukraine, sending the euro one-month volatility to its highest level since November 2020

European stocks rise after selloff as Russia says withdrawing some troops

The MSCI world equity index, which tracks shares in 50 countries, was up 0.3% on the day at 1203 GMT, its first gain after three days of drops, each exceeding 0.9%

Euro extends gains after Russia ends some army drills near Ukraine

Against the greenback, the single currency climbed 0.4% to $1.1346, and within striking distance of Monday's high of $1.1369 as European stock futures rebounded on the news

Ukraine tension reins in euro, drives rush to safe-haven currencies

German Chancellor Olaf Scholz, who heads to Kyiv on Monday and Moscow for talks with President Vladimir Putin on Tuesday, warned of sanctions if Moscow invaded Ukraine

European stocks open lower after hot US inflation raises rate hike bets

US consumer prices showed the biggest annual increase in 40 years, data released late on Thursday showed

Stock rally loses steam in Asia as US inflation test looms

The performance in Asian stocks was sharply divided between Chinese equities and the rest of the region

Euro edges up as traders seek clues on possible ECB rate hike

The euro edged up on Wednesday but was off Friday's three-week high, as traders looked for clues as to when the European Central Bank will hike interest rates

Dollar bides time before US CPI; euro stabilizes after ECB pushback

The Australian dollar got a bit of a lift as continued gains in global stocks boosted the mood for risk taking

Dollar, euro trade sideways after European Central Bank pushback

Currencies broadly traded little changed as the market awaits U.S. consumer price data on Thursday

Euro pulls back from 3-week highs as Italian real yields approach zero

Euro zone bond yields edged lower on Tuesday but many in the currency market were still concerned that a sharp rise in bond yields could weigh on the prospects of a broad-based economic recovery