Sign into fxTrade

Don't have an account? Register now

ECB Signals Interest Rate Hike Likely for July

Posted by Scott Boyd at 9:25 am UTC, 06/09/2011

European Central Bank President Jean- Claude Trichet said to day that “strong vigilance” is needed to ensure inflation is held at bay. The latest feedback confirms “continued upward pressure on inflation,” Trichet said in Frankfurt today after the ECB kept its benchmark lending rate at 1.25 percent.

Source: Bloomberg

Filed under: Forex Round Up, EUR

Recent Articles

UK’s GDP Contracts More Than Expected
Posted by Staff at 7:16 am UTC, 05/24/2012
Do EUR Shorts Feel Comfortable?
Posted by Dean Popplewell at 6:32 am UTC, 05/24/2012
Stage set for Hollande-Merkel showdown
Posted by Dean Popplewell at 9:37 am UTC, 05/23/2012

Forex Insights »

Posted under USD, EUR, GBP, CHF, JPY, AUD, CAD at 11:29 am UTC, 05/24/2012
Posted under USD, EUR, CHF at 9:58 am UTC, 05/24/2012
Leave a Comment

Latest Articles

UK’s GDP Contracts More Than Expected
Posted by Staff at 7:16 am UTC, 05/24/2012
Do EUR Shorts Feel Comfortable?
Posted by Dean Popplewell at 6:32 am UTC, 05/24/2012
Stage set for Hollande-Merkel showdown
Posted by Dean Popplewell at 9:37 am UTC, 05/23/2012
Forex Rates
Interest Rates

Some of OANDA's currency tools require Adobe's Flash Player.

May
24
Today’s Global
Market Events
8:30am
CAD
Corporate Profits q/q
9.0%
USD
Core Durable Goods Orders m/m
1.1% vs. -0.8%
USD
Unemployment Claims
372K vs. 370K
USD
Durable Goods Orders m/m
0.5% vs. -4.0%
9:00am
EUR
ECB President Draghi Speaks
EUR
Belgium NBB Business Climate
-10.6 vs. -10.7
10:30am
USD
FOMC Member Dudley Speaks
USD
Natural Gas Storage
77B vs. 61B
1:00pm
USD
FOMC Member Dudley Speaks
3:00pm
USD
Treasury Sec Geithner Speaks
7:30pm
JPY
Tokyo Core CPI y/y
-0.5% vs. -0.5%
JPY
National Core CPI y/y
0.1% vs. 0.2%