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Author Archives: Insta Forex

Euro Muted After ECB Holds Key Interest Rate Steady

The euro showed muted trading against its key counterparts in the European session on Wednesday, after the European Central Bank held its key interest rates and forward guidance unchanged amid economic gloom. The Governing Council, led by ECB President Mario ...

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France Industrial Production Grows For Third Month

France industrial production grew for the third consecutive month in February, defying expectations for a decline, data from the statistical office INSEE showed on Wednesday. Industrial production climbed a seasonally and working day adjusted 0.4 percent month-on-month in February, after ...

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ECB Leaves Key Interest Rate, Forward Guidance Unchanged

The European Central Bank held its key interest rates and forward guidance unchanged on Wednesday. The Governing Council, led by ECB President Mario Draghi, left the key interest rates unchanged after the policy session in Frankfurt, as expected. The main ...

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Euro Little Changed Following ECB Decision

As expected, the European Central Bank left the refi rate at 0.00 percent and the marginal lending facility rate at 0.25 percent. Following the announcement, the euro changed little against its major counterparts. The euro was trading at 125.39 against ...

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Romania Inflation At 5-Month High

Romania’s consumer price inflation rose for the third month in a row to the highest in five months, data from the National Institute of Statistics showed on Wednesday. The consumer price index rose 4.0 percent year-on-year in March, following a ...

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UK February Economic Growth Slows

The UK’s economy expanded at a slower pace in February, figures from the Office For National Statistics showed on Wednesday. Gross domestic product or GDP grew 0.2 percent month-on-month in February, while the economy expanded 0.5 percent in January. Economists ...

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Pound Advances As U.K. GDP Tops Expectations

The pound climbed against its major counterparts in early European deals on Wednesday, after a data showed that U.K. economic growth and industrial production beat estimates in February, signaling some economic acceleration at the start of year. Data from the ...

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