LONDON — Sterling rose to a seven-week high against the euro on Thursday, before a European Central Bank meeting that is expected to hold off on any new stimulus. EUR/USD has posted slight gains on Wednesday. The ECB will announce its interest-rate decision at 1:45 p.m. Central European time (8:45 a.m. Eastern), followed by a press conference with ECB President Christine Lagarde. The last few weeks since the September ECB meeting have been marked by a wave of speeches, blog entries and communication. ECB meeting overshadowed by concerns over … Instead, while the euro has stabilised, the economy has begun to slump. Versus the euro, the pound was up 0.1%, at 90.42 pence per euro at 1205 GMT, having earlier touched its highest level since Sept. 9 at 90.07 pence.. Thu 13 Sep 2018 03:21:33 GMT. ECB President Christine Lagarde urged politicians to “quickly agree on an ambitious” rescue package for the EU, reiterating a message she has given over the last few months. ECB meeting schedule. The European Central Bank’s (ECB) Governing Council noted that it was possible that the pandemic might have longer-lasting effects both on the demand side and on the supply side, the ECB’s November Monetary Policy Meeting Accounts showed on Thursday. The European Central Bank (ECB) is the central bank for Europe's single currency, the euro. Compared to the September meeting, the focus will not be so much on the ECB comments on the exchange rate. Save. Dollar extends gains, commodity currencies slump, euro falls ahead of ECB meeting. Real Time Stock Update; Shop; News Ticker [ December 2, 2020 ] GBP/USD Gains Reversed on Trade Talk Pessimism Forex News [ December 2, 2020 ] Recovery to be erratic, Emerging stocks to rise in 2021: Invesco By Reuters Stock News [ December 2, 2020 ] Recovery to be erratic, Emerging stocks to rise in 2021: Invesco By Reuters Stock News [ December 2, 2020 ] DXY May Extend Fall on Renewed … In September, the ECB estimated a contraction of 8% in euro zone GDP this year, followed by a rebound of 5% in 2021. It was a mixed … At the time, ECB watchers were more concerned about the strength of the euro against the dollar than a downgraded outlook. London), instead of UTC / GMT. Mersch is the latest central banker to hint at the type of stimulus the central bank is likely to announce at its 10 December meeting. The conference is approximately an hour long and has two parts. EU financial regulation . Wednesday, 25 November, 2020. Article content. ECB meeting coming up Europe time on Thursday - previews in one place. Author of the article: Reuters. Qatar-US bilateral trade volume has reached QR11.72bn ($3.21bn) during the … EUR/JPY begins the week of the July ECB meeting on soft footing, having posted two consecutive closes below the rising trendline from the 2012 and 2016 yearly swing lows. The European Central Bank (ECB) press conference is held monthly, about 45 minutes after the Minimum Bid Rate is announced. What's priced in: EUR/USD overnight vols for the Sep ECB meeting are the highest since the Mar ECB meetings (Fig. Feb 19, 2015, 20:48 PM IST Gold price jumps to 4-month high on tumbling shares after SNB move. In the North American session, EUR/USD is trading at 1.1813, up 0.34% on the day. 2020-12-01 14:23:00 View more The meeting … In normal circumstances, the ECB’s Governing Council holds two meetings every month in Frankfurt am Main in Germany at the ECB premises.. Every 6 weeks, the Governing Council holds a monetary policy meeting, when they are charged with assessing monetary and economic developments within the Eurozone and making decisions … Author: Eamonn Sheridan | Category: Central Banks. Comments about the … Publishing the minutes of its governing council`s regular monetary policy deliberations for the first time, the ECB said most members had voted in favour of a new bond purchase programme at its meeting on January 22.