The European Central Bank maintained its key interest rates unchanged for a third policy session in a row on Thursday, as expected, as policymakers assessed that the outlook was broadly unchanged, but still uncertain due to global trade conflicts and geopolitical tensions. The Governing Council, led by ECB President Christine Lagarde, held the deposit rate […]
The European Central Bank policymakers felt no immediate pressure to adjust interest rates in September as risks to both inflation and growth were seen as balanced and the high uncertainty linked to trade policies also justified the stance as this would give more time to assess the real impact of tariffs on the economy, minutes
Germany’s consumer price inflation accelerated for a second straight month in September and at a faster than expected pace to reach its highest level in nine months, and the EU measure also followed a similar trend to hit its strongest level since February, adding to the troubles of a sluggish economy and could raise concern
Within ING’s foreign exchange business, a special algorithm has the job of looking out for signals that might indicate an abrupt, unexpected shift in the market, and adjusting the bank’s prices accordingly. On July 16, that algo had to earn its corn: reports spread that US president Donald Trump was planning to fire the chair
Bank FX market-makers ramp up AI usage – FX Markets End of drawer navigation content Skip to main content Barclays applies tech to predictions, while HSBC and ING look at pricing accuracy Bank foreign exchange market-makers are increasingly using machine learning and artificial intelligence technology to improve their pricing predictions and sharpen levels shown to
