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Get the latest economic news from ForexMart, including updates on the financial market, central banks' policy announcements, financial indicators, and other relevant news which can have an impact on the industry.

Disclaimer:  Information provided here to retail and professional clients does not contain and should not be construed as containing investment advice or an investment recommendation or an offer or solicitation to engage in any transaction or strategy in financial instruments. Past performance is not a guarantee or prediction of future performance.

ECB Maintains its Stimulus, Leaves Interest Rates Unchanged

April, 28 2017
watermark Economic news

It seems that the European Central Bank is not so keen on loosening its grip on its current monetary stimulus in spite of an overall improvement in the state of the EU economy. The ECB instead opted to appease the financial market just before the commencement of the second round of the French national elections. Mario Draghi had very positive sentiments with regards to the eurozone’s current economic state, although he stated that the central bank’s policymakers have not yet discussed making any adjustments to their monetary stimulus and interest rates. The ECB’s decision to stand fast on its current rates comes at a very high-strung time for the eurozone, particularly due to the French elections and tension rising between the US and the UK economy.


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Foreign exchange trading carries a high risk of losing money due to leverage and may not be suitable for all investors. Before deciding to invest your money, you should carefully consider all the features associated with Forex, as well as your investment objectives, level of experience, and risk tolerance.
Foreign exchange trading carries a high risk of losing money due to leverage and may not be suitable for all investors. Before deciding to invest your money, you should carefully consider all the features associated with Forex, as well as your investment objectives, level of experience, and risk tolerance.