Created
: 2025.04.22
- English
- English
- What's Myforex
- Share
- Use tools
- Get information
- What's New
- Help center
- About us
- Customer support
- Terms and policies
-
-
PortfolioShare your portfolio and performance in real time -
Events & contestsEvents and contests held by retail brokers around the world
-
-
Real-time spread comparisonCompare spreads of major retail brokers in real time -
Volatility analysisVisualize volatility as a measure of daily market activity -
Swap point comparisonCompare buy and sell swap values for each broker by symbol -
Market rates & chartsCheck prices for all instruments offered by each broker -
IndicatorsProviding in-house developed indicators for MT4/MT5 -
Trading calculatorsCalculation tools for each broker to help you trade
-
-
World FX newsLatest news on forex and cryptocurrencies from around the world -
Broker informationTrading information of retail brokers worldwide -
MetaTrader4/5 user guideUser guide collection for the latest MetaTrader4/5 -
Economic calendarRelease calendar for indicators from official sources of major economies
ECB's Kazimir: Uncertainty is here to stay, driven by US trade policy
World FX news
Breaking news
ECB's Kazimir: Uncertainty is here to stay, driven by US trade policy
New
2025.04.22 21:11
2025.04.22 21:11
2025.04.22 21:11
European Central Bank (ECB) policymaker Peter Kazimir said on Tuesday that he is confident that the 2% inflation target will be reached in the next few months, per Reuters.
Key takeaways
"The ECB deposit rate now is in the neutral range."
"Uncertainty is here to stay, driven by the US trade policy."
"We have no pre-committed rate path, June decision will depend on data, risk assessment and forecasts."
Market reaction
These comments failed to trigger a noticeable market reaction. At the time of press, EUR/USD was trading at 1.1475, losing 0.3% on the day.
ECB FAQs
The European Central Bank (ECB) in Frankfurt, Germany, is the reserve bank for the Eurozone. The ECB sets interest rates and manages monetary policy for the region. The ECB primary mandate is to maintain price stability, which means keeping inflation at around 2%. Its primary tool for achieving this is by raising or lowering interest rates. Relatively high interest rates will usually result in a stronger Euro and vice versa. The ECB Governing Council makes monetary policy decisions at meetings held eight times a year. Decisions are made by heads of the Eurozone national banks and six permanent members, including the President of the ECB, Christine Lagarde.
In extreme situations, the European Central Bank can enact a policy tool called Quantitative Easing. QE is the process by which the ECB prints Euros and uses them to buy assets - usually government or corporate bonds - from banks and other financial institutions. QE usually results in a weaker Euro. QE is a last resort when simply lowering interest rates is unlikely to achieve the objective of price stability. The ECB used it during the Great Financial Crisis in 2009-11, in 2015 when inflation remained stubbornly low, as well as during the covid pandemic.
Quantitative tightening (QT) is the reverse of QE. It is undertaken after QE when an economic recovery is underway and inflation starts rising. Whilst in QE the European Central Bank (ECB) purchases government and corporate bonds from financial institutions to provide them with liquidity, in QT the ECB stops buying more bonds, and stops reinvesting the principal maturing on the bonds it already holds. It is usually positive (or bullish) for the Euro.
Last updated
: 2025.04.22
Related articles
China: April activity overshadowed by tariff war - Standard Chartered
15 minutes agoUSD/JPY tumbles below 145.00 as Moody's downgrade weighs on the US Dollar
20 minutes agoUSD: Moodys follows eventually with downgrade - MUFG
27 minutes agoFXS Fed Sentiment Index stays in hawkish territory as markets await fresh comments
30 minutes agoAUD/USD Price Forecast: Jumps to near 0.6450 on US downgrade
32 minutes agoUSD/CNH holds below key resistance - BBH
37 minutes ago
FXStreet is a forex information website, delivering market analysis and news articles 24/7.
It features a number of articles contributed by well-known analysts, in addition to the ones by its editorial team.
Founded in 2000 by Francesc Riverola, a Spanish economist, it has grown to become a world-renowned information website.
Was this article helpful?
We hope you find this article useful. Any comments or suggestions will be greatly appreciated.
We are also looking for writers with extensive experience in forex and crypto to join us.
please contact us at [email protected].
Thank you for your feedback.
Thank you for your feedback.
Most viewed
China: April activity overshadowed by tariff war - Standard Chartered
Activity data points to softening momentum from Q1, but industrial production has held up. Frontloaded exports and macro policy implementation to continue to support growth in Q2. Property market remains the key drag for the domestic economy.
New
2025.05.19 20:16USD/JPY tumbles below 145.00 as Moody's downgrade weighs on the US Dollar
The Japanese Yen (JPY) extends its winning streak against the US Dollar (USD) into a fifth consecutive day on Monday, with USD/JPY falling below the 145.00 psychological mark to trade near 144.70 during the European session, driven by broad-based USD weakness and fresh hawkish signals from the Bank
New
2025.05.19 20:11USD: Moodys follows eventually with downgrade - MUFG
The US Dollar (USD) is softer and longer-term yields are higher with the S&P future down 1.0% suggesting the potential for a day of triple selling of US assets that is being driven by the decision of Moodys to downgrade the sovereign rating of the US from the top Aaa rating to Aa1.
New
2025.05.19 20:05FXS Fed Sentiment Index stays in hawkish territory as markets await fresh comments
The Federal Reserve (Fed) left the interest rate unchanged at 4.25%-4.50% following the May policy meeting, as widely anticipated. In the policy statement, the Fed noted that the economic outlook uncertainty has increased further.
New
2025.05.19 20:02AUD/USD Price Forecast: Jumps to near 0.6450 on US downgrade
The AUD/USD pair gains sharply to near 0.6450 during European trading hours on Monday. The Aussie pair strengthens as the US Dollar (USD) underperforms after Moody's downgraded the United States (US) Sovereign credit rating to Aa1 from Aaa in the wake of mounting debt levels.
New
2025.05.19 20:00USD/CNH: Expected to trade in a sideways range of 7.1990/7.2190 - UOB Group
US Dollar (USD) is expected to trade in a sideways range of 7.1990/7.2190. In the longer run, a breach of 7.2330 would indicate that the likelihood of USD declining to 7.1700 has faded, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
New
2025.05.19 19:57USD/CNH holds below key resistance - BBH
The Chinese yuan remains under pressure as April's economic data came in softer than expected, reinforcing calls for further policy support to sustain growth, BBH FX analysts report.
New
2025.05.19 19:54USD/JPY: Major support at 144.50 is unlikely to come under threat - UOB Group
US Dollar (USD) could drop below 144.90 against Japanese Yen (JPY); the major support at 144.50 is unlikely to come under threat. In the longer run, USD remains in consolidation, but likely within a tighter range of 144.50/147.30, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
New
2025.05.19 19:40China: April data show hit from trade war pre-Geneva - ABN AMRO
April data confirm hit from trade war escalation last month. Growth momentum expected to pick up again following Geneva truce, but uncertainty remains, ABN AMRO's economist Arjen van Dijkhuizen reports.
New
2025.05.19 19:37Who has to pay the US tariffs? - Commerzbank
Economics normally suffers from a painful deficiency: unlike biologists, physicists, psychologists, and other scientists, economists are generally unable to conduct experiments.
New
2025.05.19 19:34Disclaimer:
All information and content provided on this website is provided for informational purposes only and is not intended to solicit any investment. Although all efforts are made in order to ensure that the information is correct, no guarantee is provided for the accuracy of any content on this website. Any decision made shall be the responsibility of the investor and Myforex does not take any responsibility whatsoever regarding the use of any information provided herein.
The content provided on this website belongs to Myforex and, where stated, the relevant licensors. All rights are reserved by Myforex and the relevant licensors, and no content of this website, whether in full or in part, shall be copied or displayed elsewhere without the explicit written permission of the relevant copyright holder. If you wish to use any part of the content provided on this website, please ensure that you contact Myforex.
Myforex uses cookies to improve the convenience and functionality of this website. This website may include cookies not only by us but also by third parties (advertisers, log analysts, etc.) for the purpose of tracking the activities of users. Cookie policy
