Euro   The rapid growth euro/dollar was supported by the FDS’ minutes. The Fed officials have different opinions on the state of the U.S. labor market, the inflation shall return back to the normal level of 2% in a few years, an unusually bad weather at the beginning of 2014 held back the econo

 Euro   As we remember last trading week Draghi said that if the inflation in the EU stays for a long period the European regulator may start the program of quantitative softening. The ECB left interest rates at the lowest level of 0.25 % and it does not plan to raise it in the near future. At

Euro Preliminary CPI in Spain for March showed the first case of deflation in consumer prices since 2009 (-0.2% y/y). The inflation report in Germany also showed an inflation slowdown. The preliminary index of consumer prices rose in March by 1% y/y vs. 1.2% in February, the expectations were at

Euro   The Fed decided to reduce the quantitative easing program further. The Fed noted that further reduction program will be focused not only on the U.S. labor market statistics, but also on other important economic indicators. These statements will strengthen the U.S. dollar, which has regain

Euro Perhaps, the German institute ZEW business environment will be the most interesting event for the current week. They forecast the index decrease which can negatively impact the euro, as it indicates, that Germany has less force to pull the whole monetary unit on its shoulders. Also, the ECB Pr