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Tag: EUR

The Euro’s Great Comeback: A False Dawn or the Real Deal?

  • J-P. Pizzini
  • March 6, 2025
  • FX
The euro has staged its most impressive three-day rally since 2015, sending traders into a frenzy and fuelling speculation that the single currency could surge...
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The Dollar’s 2025 Paradox: Trump’s Inflationary Boom or a Looming Catastrophe?

  • J-P. Pizzini
  • March 5, 2025
  • FX
If history has taught us anything, economic fundamentals eventually catch up with political bravado. As we move deeper into 2025, the U.S. dollar remains a...
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Who understands the ECB?

  • J-P. Pizzini
  • December 16, 2024
  • MARKETS
The European Central Bank (ECB) has once again trimmed interest rates—its third cut in as many meetings—while giving markets a fresh dose of ambiguity. With...
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Monetary policy divergences: towards a significant asset allocation shift

  • J-P. Pizzini
  • April 4, 2024
  • MARKETS
The European Central Bank insists that it will independently decide on the course of its monetary policy compared to the Fed. In this case, this...
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Probabilities of a rate cut in June drop

  • J-P. Pizzini
  • April 2, 2024
  • MARKETS
Last week, the amount of Fed rate cuts priced into swap contracts for this year fell to less than 65 basis points, below the Fed’s...
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The ECB Under Market Pressure

  • J-P. Pizzini
  • January 8, 2024
  • Monetary policy
Inflation in the eurozone accelerated in December, highlighting the challenge of reaching the 2% target set by the European Central Bank as governments withdraw support...
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FED decision: the market is still wrong

  • J-P. Pizzini
  • September 21, 2023
  • Monetary policy
Federal Reserve Chairman Jerome Powell clearly indicated on Wednesday that the current cycle of rate hikes was nearing its end. However, he also confirmed that...
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The ECB raises its rates and announces the end of the cycle

  • J-P. Pizzini
  • September 14, 2023
  • Monetary policy
The rate for the main refinancing operations is thus increased from 4.25% to 4.5%, and the deposit rate is raised to 4%, up from the...
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The ECB: “Should I stay or should I go”

  • J-P. Pizzini
  • September 1, 2023
  • Monetary policy
Inflation in France accelerated in August, bolstering evidence of persistent pressures in the region. Consumer prices in the second largest economy of the Eurozone increased...
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