by Ryan Littlestone | January 29th, 2018, 16:19:29 | Central Banks, ECB
Sources story from Bloomberg ECB officials think QE will end over about three months into the Sep 2018 end date rather than a sudden stop Hawkish members of the ECB also said to agree to a slow taper No comment on story from ECB EURUSD took what looks like an algo led...
by Ryan Littlestone | January 25th, 2018, 13:56:18 | Central Banks, ECB
Q&A time at the ECB presser 25 January 2018 Second reason is heightened market sensitiviity to perceived ECB changes in communications Third is use of language in discussing FX developments doesn’t reflect agreed terms of reference (Eh?) Some ECB members...
by Ryan Littlestone | January 24th, 2018, 08:23:51 | Central Banks, ECB
It’s a Mario Draghi “Dear John” letter writing session Every so often the head of the ECB has to respond to letters from MEP’s. Such fx movements are a side effect of policy and are neither its main transmission channel, nor its objective You...
by Ryan Littlestone | January 19th, 2018, 13:50:57 | Central Banks, ECB
It’s obviously poll day in Reuters Towers, and this time it’s the ECB in the firing line 90% of 70 economists say the ECB will finish QE by year end 26 say they’ll finish end-Sep, wtih 20% of those saying earlier. 4 said they’d stop in Oct They...
by Ryan Littlestone | January 16th, 2018, 10:36:39 | Central Banks, ECB
Reuters sources story It’s all about the ECB today. No further details than that at the moment but with the meeting next week, we’re starting to get some chatter. Yesterday, ECB’s Ardo Hansson came out with some very strong hawkish comments. Update:...