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25 Feb 2020

ECB's de Cos: Central banks should focus on allowing markets to correctly assess climate risks

Central banks' main objective on climate risks should be focusing on allowing markets to correctly assess them, European Central Bank (ECB) Governing Council member Paolo Hernandez de Cos said on Tuesday.

Regarding the policy outlook, de Cos argued that the monetary policy could be more effective if supported by a more expansive fiscal policy.

Euro reaction

Although it's unclear if these comments had a significant impact on the euro's market valuation, the EUR/USD pair retreated from session highs in the last hour and was last seen trading at 1.0845, losing 0.06% on a daily basis. 

Feb 25, 2020

USD/JPY Price Analysis: Turns lower for the third consecutive day, back below mid-110.00s

Having failed to find acceptance above the 111.00 mark, the USD/JPY pair met with some fresh supply and drifted into the negative territory for the th
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Feb 25, 2020

WTI resumes coronavirus-led sell-off, $50.50 back in sight ahead of API

WTI (oil futures on NYMEX) took a sharp U-turn in early Europe and dropped back in the red zone on the 51 handle, as markets sold off riskier assets a
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