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03 AUG 2026 MONDAY
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Euro Holds Firm as ECB Signals Confidence in Daily Currencies Ratings 17/02/2026 The euro hovered around $1.185, remaining close to the four-year peak above $1.20 reached in late January, supported by signals that the ECB is largely comfortable with the currency’s recent strength. At the February policy meeting, ECB President Christine Lagarde said the euro area’s inflation outlook is in a “good place,” while cautioning against overreacting to short-term or volatile data. The single currency also found support from reports that Bank of France Governor François Villeroy de Galhau, viewed as a dovish policymaker, will step down in June, well before his term was set to expire in October 2027. On the data front, Eurozone industrial production fell 1.4% in December, broadly in line with expectations. In the US, inflation slowed more than anticipated to 2.4% in January, reinforcing the view that the Federal Reserve may have scope to ease policy. Investors now await the release of the Fed’s meeting minutes on Wednesday for further guidance on the monetary policy outlook. Source: Trading Economics 2026-02-17 hellenicshippingnews... window.___gcfg = {lang: 'en-US'}; (function(w, d, s) { function go(){ var js, fjs = d.getElementsByTagName(s)[0], load = function(url, id) { if (d.getElementById(id)) {return;} js = d.createElement(s); js.src = url; js.id = id; fjs.parentNode.insertBefore(js, fjs); }; load('//connect.facebook.net/en/all.js#xfbml=1', 'fbjssdk'); load('https://apis.google.com/js/plusone.js', 'gplus1js'); load('//platform.twitter.com/widgets.js', 'tweetjs'); } if (w.addEventListener) { w.addEventListener("load", go, false); } else if (w.attachEvent) { w.attachEvent("onload",go); } }(window, document, 'script')); tweet Share
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news Hellenic Shipping News ·2026-02-16

Euro Holds Firm as ECB Signals Confidence

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