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ECB Noyer

Forex News: ECB Noyer on the wires

Posted by Greg Michalowski on Fri, 10/10/2008 - 12:47pm in

"G7 unlikely to adopt UK proposal to guarantee deposits"

This has the markets concerned and the the stock market has started to move down again.  EURUSD moving down.

ALERT: Forex News: ECB Noyer says the interest rate remark was overinterpreted

Posted by Greg Michalowski on Tue, 04/22/2008 - 2:40pm in

According the the WSJ, the ECBs Noyer said that the interest rate remard was overinterpreted and that interest rates can go both ways. 

The comment this morning was a catalyst for the rally in the EURUSD to the 1.5600 level.  The EURUSD trades at 1.5995 currently. 

This should pressure the EURUSD.

Gold and oil is also coming off the highs which should give support to the dollar into the close. 

Forex News: ECB Noyer on the wires

Posted by Greg Michalowski on Fri, 04/04/2008 - 12:48pm in
  • PURCHASING POWER GAINS MUST BE TIED TO PRODUCTIVITY
  • EXPECTS INFLATION TO SLOW NEAR YEAR END
  •  SAYS ECB WILL DO EVERYTHING TO GET INFLATION TO TARGET
  •  SAYS CURRENT INFLATION LEVEL IS A PROBLEM