The Latest Breaking News from ECB

ECB plans rate cut in June to support economy amidst COVID-19 challenges. Analysts and markets await decision and additional measures for economic recovery.

ECB's President Centeno maintains a cautious monetary policy stance post rate cuts, balancing growth and inflation concerns amidst global economic discussions.

The S&P 500 Index ($SPX ) (SPY ) this morning is down -0.22%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.16%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.55%. US stock indexes this morning gave up an early advance and turned lower,...

The dollar index (DXY00 ) this morning is down by -0.09%. The dollar is under pressure today due to a rebound in stocks, which reduces liquidity demand for the dollar. Also, a decline in T-note yields today is weighing on the dollar. Losses in the dollar are contained as expectations...

The S&P 500 Index ($SPX ) (SPY ) this morning is up +0.42%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.35%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.33%. US stock indexes this morning are moderately higher on some positive corporate news...

Inflation decline in Eurozone prompts ECB to consider interest rate cut for economic stimulus. Market awaits ECB's policy decisions amid global uncertainties.

ECB policymakers reaffirm commitment to planned interest rate cut in June to support Eurozone's economic recovery.

The dollar index (DXY00 ) Tuesday recovered from early losses and finished up +0.07%. The dollar posted a 5-1/2 month high Tuesday based on hawkish Fed comments. Fed Chair Powell, San Francisco Fed President Daly, and Fed Vice Chair Jefferson said if inflation remains elevated, the Fed will hold interest...

The dollar index (DXY00 ) today recovered from early losses and moved up to a 5-1/2 month high based on hawkish Fed comments. San Francisco Fed President Daly said Monday night that there's "no urgency" for the Fed to adjust interest rates and Fed Vice Chair Jefferson said today that...