The ECB

Mario Draghi has just proved the ECB is now completely powerless — 4 Sep 2014

Draghi and E.C.B. need credibility to rise even more than inflation — 4 Sep 2014

What is needed now, before the euro implodes completely and it’s coming, is damage limitation — 19 Jan 2015

Winners and losers in Swiss National Bank fallout — 19 Jan 2015

CHF/EUR - Swiss National bank prepares for Euro implosion — 15 Jan 2015

Euro drops toward parity with dollar ~ The currency movements are mainly driven by the actions of central banks. While the European Central Bank has slashed interest rates and launched a massive money-creating stimulus, effectively diluting the value of the euro, the U.S. Federal Reserve is doing the opposite. It is preparing to raise interest rates after deciding last year to end its own stimulus program. How quickly the euro and dollar get to a 1-to-1 value will depend on market fluctuations. ~ 6 Mar 2015

Dollar hits new 11-year high against Euro ~ 6 Mar 2015

The ECB: Let the show begin ~ The buying of euro-zone countries' sovereign bonds will begin on Monday, March 9th, adding to the purchases already being made since late last year of private-sector assets, predominantly covered bonds issued by banks, and raising the monthly purchases from around €13 billion ($14 billion) to €60 billion. And, with bond yields already having gone negative in some countries, notably in Germany where the government recently sold five-year bonds at a negative rate, the ECB clarified that it would buy bonds with a negative yield but only if it was above the rate the central bank pays on its deposit facility (which is minus 0.2%). ~ 5 Mar 2015