Euro Rate

Analysts said the single currency gained traction after European Central Bank President Jean-Claude Trichet did not signal a rate cut for Thursday’s ECB meeting in his comments before the European Parliament. Most market participants had priced …

EU Morning Report-Trichet's dovish tone put the euro under pressureIBTimesThe euro plummeted against its major counterparts yesterday after the European Central Bank Interest Rate meeting. Interest rates remained unchanged at 1.5% but Jean-Claude T…

Euro-zone unemployment data for September. –Wednesday, Oct. 5: National and regional purchasing managers’ index for the services sector for September. –Thursday, Oct. 6: ECB rate decision, outgoing ECB President Jean-Claude Trichet’s …

… most in a month versus the dollar as European Central Bank President Jean-Claude Trichet said “downside risks” to the region’s economy have intensified, damping the outlook for interest-rate increases. The 17-nation euro weakened …

European Central Bank head Jean-Claude Trichet warned there are increasing risks for the eurozone’s waning economic recovery and less chance of inflation — clear signals the bank is done raising interest rates for some time. At a news …

Sterling at 2-week high versus euro after dovish ECBReuters UKThe euro fell broadly after ECB President Jean-Claude Trichet highlighted downside risks to economic growth in the euro zone after leaving interest rates on hold. Markets believe future rate…

Gasoline Slips After Jobless Claims Rise, Dollar StrengthensBloombergThe dollar rose versus the euro as European Central Bank President Jean-Claude Trichet said “downside risks” to the euro-area economy have intensified, signaling the bank may keep…

FRANKFURT, Germany – The head of the European Central Bank said Thursday that there is less risk of inflation, a signal to the markets that the bank will keep interest rates unchanged for some time. Bank head Jean-Claude Trichet said inflation …

FRANKFURT (MarketWatch) — Jean-Claude Trichet always talks tough on inflation, but economists say the European Central Bank president is likely Thursday to signal an end to the rate-hike cycle on growing evidence the pace of price rises has …

European Central Bank President Jean-Claude Trichet will probably resist calls to cut the benchmark interest rate today and may opt instead to increase the supply of cash to euro-area banks as the region’s debt crisis worsens. Policy makers …