The ECB’s net profit is distributed to the euro area national central banks (NCBs). The Governing Council decided to make an interim profit distribution, amounting to €1,191 million, to the euro area NCBs on 31 January 2019. At yesterday’s meeting, the Governing Council decided to distribute the remainder of the profit, amounting to €384 million, on 22 February 2019.Read More »
Despite the moderate outlook, the unemployment rate in the Euro area has remained stable at 8.1 percent, since the summer of 2018. With unemployment reaching a decade low, companies feel the pain of talent shortages, especially in an aging labor market.Read More »
EURUSD Currently Displaying Short-Term Bullish Character…Be Very Cautious…A Reversal Could be Eminent at Any Moment!
Eurozone Weak Economy Taking a Toll on EURUSD Currency PairRead More »
USDCAD could be heading down shortly following a nice run-up...Read More »
Forex: CADUSD on the move, but for how long before things change...Read More »
The EURO is sinking fast.Read More »
EURUSD is struggling mightily as a result of rising U.S. interest rates.Read More »