Euro spikes after ECB drops promise to increase bond buying

Kept rates unchanged

Tom Eckett
clock • 7 min read

The euro jumped in early afternoon trading after the European Central Bank (ECB) removed commitments to increase its bond-buying programme, but re-affirmed its loose monetary policy conditions by keeping interest rates unchanged.

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Economics

Friday Briefing: We finally have projections

Friday Briefing: We finally have projections

Friday Briefing

Cristian Angeloni
clock 05 May 2026 • 3 min read
Unchanged interest rate the 'calm before the storm' as uncertainty and volatility rise

Unchanged interest rate the 'calm before the storm' as uncertainty and volatility rise

Rates held at 3.75%

Patrick Brusnahan
clock 30 April 2026 • 2 min read
ECB opts to hold rates at 2%

ECB opts to hold rates at 2%

Eurozone inflation spikes

Linus Uhlig
clock 30 April 2026 • 2 min read
Trustpilot