ECB dislikes tighter conditions, though euro risks are more balanced

ECB dislikes tighter conditions, though euro risks are more balanced

Head of Global Economics at ANZ, Brian Martin explains that they’re actually assured that the European Central Bank will be quite slow when it comes to changing policy direction, especially considering an absence of underlying inflation as well as wage pressures.

As for other risk premia in the euro area, they turn to be diminishing which are ensuring some underpinning to the common currency amid disappointment with Donald Trump’s policy implementation.

The risk of a further upward shrink in the common currency can’t be ruled out, although policy makers are reluctant to face an ongoing FX-led tightening in monetary conditions.

As a result, for the common currency there’re several positives in diminishing risk premia. Well, in the short run, versus a backdrop of gloomy mood over American policy implementation, these could give the euro some further upside impetus. By the way, interest rates were last decreased over a year ago, and the EU economy has managed to expand with evident signs that the upswing’s actually broadening.



US Dollar Index at a 3-month Low
US Dollar Index at a 3-month Low

The USD weakened after Fed Chair Powell hinted at a slowdown of rate hikes, and stocks strengthened. What else is moving the markets today?

Soon Bullish Rally for Gold
Soon Bullish Rally for Gold

The winter is coming, and risky markets expect a rally to come with it. Will this December be bullish for stocks, crypto, and gold? A pack of news will surely help you out.

Latest news

China Stocks are About to Jump
China Stocks are About to Jump

It’s Wednesday, my fellow traders! The day is filled with news and events you need to know, and here’re some of them.

Deposit with your local payment systems

Feel the Team Spirit

Data collection notice

FBS maintains a record of your data to run this website. By pressing the “Accept” button, you agree to our Privacy policy.


A manager will call you shortly.

Change number

Your request is accepted.

A manager will call you shortly.

Next callback request for this phone number
will be available in

If you have an urgent issue please contact us via
Live chat

Internal error. Please try again later

Don’t waste your time – keep track of how NFP affects the US dollar and profit!

Beginner Forex book

Beginner Forex book will guide you through the world of trading.

Beginner Forex book

The most important things to start trading
Enter your e-mail, and we will send you a free Beginner Forex book

Thank you!

We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.

You are using an older version of your browser.

Update it to the latest version or try another one for a safer, more comfortable and productive trading experience.

Safari Chrome Firefox Opera