Euro falls to $1.20 as Draghi points to more stimulus

Last Updated: Saturday, January 3, 2015, 06:09

The euro sank to $1.20 Friday, its lowest level against the greenback since May 2010, as European Central Bank chief Mario Draghi reiterated the possibility of more stimulus coming.

ECB chief sees limited risk of deflation in eurozone

Last Updated: Friday, January 2, 2015, 17:45

"If inflation is too low for too long, then it can happen that people will bet on a further fall in prices and postpone spending. We haven`t reached that point yet. But we have to prepare for that risk," Draghi said.

Euro starts new year at new lows, oil tries to bounce

Last Updated: Friday, January 2, 2015, 08:51

The euro started the new year at 29-month lows in Asia after the head of the head of the European Central Bank fanned expectations it would take bolder steps on stimulus this month, underlining the U.S. dollar`s rate advantage.

ECB's loans offer clues in QE guessing game

Last Updated: Sunday, December 7, 2014, 15:16

US data and several Fed central bankers will give a sense of the speed of the recovery and when a rate rise might be merited, while oil prices and Chinese data will provide plenty more for markets to digest.

Asian markets mostly higher at end of strong week

Last Updated: Friday, December 5, 2014, 17:37

Asian markets mostly rose Friday, with the dollar again breaking 120 yen while the euro held onto gains after the European Central Bank shied away from fresh stimulus measures.

Early next year for reassessment of ECB policies' impact: Draghi

Last Updated: Friday, December 5, 2014, 09:51

European Central Bank President Mario Draghi said on Thursday the bank would reassess the impact of its monetary policy stimulus early next year and take further action if necessary.

ECB cuts eurozone growth, inflation forecasts

Last Updated: Thursday, December 4, 2014, 20:45

The European Central Bank on Thursday cut its growth and inflation forecasts for the eurozone, noting the deteriorating economic outlook and price drops, its president Mario Draghi said.

ECB holds key rate steady at 0.05%

Last Updated: Thursday, December 4, 2014, 18:35

The European Central Bank held its key interest rates unchanged at its regular monthly policy meeting on Thursday.

Euro slumps to 2-year low ahead of ECB meeting

Last Updated: Wednesday, December 3, 2014, 23:52

The euro sank to a two-year low point on Wednesday as investors prepared for the ECB to tip its hand on measures to stimulate a stagnating eurozone economy.

Slowing inflation paves way for more ECB action: Analysts

Last Updated: Sunday, November 30, 2014, 18:37

Slowing eurozone inflation is likely to make the European Central Bank increasingly nervous and pave the way for further monetary easing, analysts say.

QE or not QE? Spotlight on the ECB as inflation dips

Last Updated: Sunday, November 30, 2014, 15:37

The ECB`s monthly rate meeting will focus minds this week on the debate over quantitative easing in the euro zone, as a series of data releases on both sides of the Atlantic sheds more light on European woes and US strength.