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Euro Recovers as Recession Dodged in Eurozone, Aussie Softens ahead of CPI

Euro recovers broadly today, as lifted by GDP data that indicated the Eurozone economy has narrowly averted a technical recession. This positive development has also led to a notable rebound in Germany's benchmark treasury yields. Meanwhile selling pressure has shifted Sterling and Swiss Franc, both of which are ceding some of their recent gains against Euro. The upcoming CPI flash release on Thursday is now set to the next focal point for the common currency.

United statesNew zealandUnited kingdomHong kongBoris vujcicTimo wollmershPaul conwayBen dorberDeutsche bahnEurozone services confidence janSwiss francAustralian dollarJapanese yenNew zealand dollarChina shanghaiSingapore strait times

ECB likely to cut rates in small increments with pauses: Vujcic

ECB likely to cut rates in small increments with pauses: Vujcic
zawya.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from zawya.com Daily Mail and Mail on Sunday newspapers.

Alex richardsonBoris vujcicBalazs koranyiEuropean central bank

ECB s Vujcic emphasizes gradual transition in monetary policy, downplays recession risks

ECB Governing Council member Boris Vujcic emphasizing that a "smooth transition" in monetary policy is more important then the timing of the first rate cut. Also, he'd prefer to move in smaller steps.

Boris vujcicEcb governing council

ECB Likely to Cut Rates in Small Increments With Pauses

ECB Likely to Cut Rates in Small Increments With Pauses
usnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from usnews.com Daily Mail and Mail on Sunday newspapers.

Alex richardsonTomasz janowskiBoris vujcicBalazs koranyiEuropean central bank

ECB likely to cut rates in small increments with pauses – Vujcic | Hellenic Shipping News Worldwide

ECB likely to cut rates in small increments with pauses – Vujcic | Hellenic Shipping News Worldwide
hellenicshippingnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hellenicshippingnews.com Daily Mail and Mail on Sunday newspapers.

Boris vujcicEuropean central bank