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Macroeconomic AnalysisWhy the Euro Slid despite the European Central Bank’s Optimism
The ECB (European Central Bank) left its policy unchanged at its April meeting, squashing any hopes for tightening in the near term.
Macroeconomic AnalysisWhy the British Pound Fell—Despite the Bank of England’s Rate Hike
The British pound depreciated 1.41% against the US dollar after the policy statement from the BOE (Bank of England) on November 2.
Macroeconomic AnalysisWhy the ECB Isn’t Worried about the Appreciating Euro
In the ECB’s (European Central Bank) October policy meeting, the ECB didn’t explicitly talk about the appreciating euro.
Macroeconomic AnalysisHere’s Why the British Pound Saw a Sharp Rise
The British pound is headed for its fourth weekly positive close in a row backed by the strong August inflation print and the hawkish statement from the Bank of England.
Macroeconomic AnalysisCan the ECB Stop the Appreciating Euro?
In its September 7 policy meeting, the ECB (European Central Bank) said that currency appreciation or depreciation is not part of its current mandate.