The euro gained against the dollar on Thursday after the European Central Bank l...
NEW YORK - The euro gained against the dollar on Thursday after the European Central Bank launched new stimulus but failed to live up to some dovish market expectations.
It also said it expects bond purchases to run for as long as necessary and end shortly before it starts raising the key ECB interest rates. The euro was also boosted after the ECB said that euro zone banks will be exempted from paying a penalty charge on idle cash worth six times their mandatory reserves.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
U.S. trade thaw sparks risk rally, euro awaits ECBAn exchange of olive branches between Washington and Beijing on trade pushed the...
Consulte Mais informação »
Here are the new measures the ECB is taking to stimulate the euro zone economyThe European Central Bank (ECB) announced a massive new bond-buying program in a bid to stimulate the ailing euro zone economy. The ECB also cut its main deposit rate by 10 basis points to -0.5%, a record low. 'In view of the weakening economic outlook and the continued prominence of downside risk, governments with fiscal space should act in an effective and timely manner,' ECB President Mario Draghi said.
Consulte Mais informação »
Stocks climb as ECB stimulus and trade progress temper global growth fearsThe Dow Jones industrial average, S&P 500 index, and Nasdaq Composite all rose during US trading on Thursday.
Consulte Mais informação »
Stocks end slightly higher after tariff delay, ECB stimulusStocks ended with small gains on Thursday, lifted after a further de-escalation of near-term U.S.-China trade tensions and a new round of stimulus measures...
Consulte Mais informação »
ECB cuts key rate, to restart bond purchasesThe European Central Bank approved a fresh stimulus package as expected on Thurs...
Consulte Mais informação »