EUROPEAN CENTRAL BANK

Ratings agency S&P believes 2017 could mark the return rising inflation to Europe.

Prices in the 19 countries using the euro spiked 1.1% in year-over-year terms.

The American currency, like Icarus, is in danger of flying too close to the sun.

The pound slumped and dollar spiked over 2016, so what can we expect from forex markets over the next 12 months?

Dollar lower across the board ahead of Fed meeting, which is expected to confirm a first rate hike in 12 months.

Russian ruble hits highest level against dollar in a year after Opec and non-Opec members agree deal.

Italian bank says it will ask retail investors holding bonds to swap them for new shares.

Euro fails to reverse losses against the dollar and declines over 0.5% against the US currency.

China's positive producer price and consumer price data also boost markets.

Pound gains almost 1% against euro and closes in on €1.19 threshold, but dips 0.25% against the dollar.

Australian dollar tumbles as economy shrinks at the fastest rate since the 2008 recession in the third quarter.

Euro pulls back from two-week high it touched in the previous session amid fallout from Italian referendum.

Recapitalisation of Italy's third largest bank is in jeopardy after PM Matteo Renzi's pledge to resign.

Euro on the back foot as analysts warn Italian referendum could spark volatility in the markets.

ECB President Mario Draghi says single market has been a fundamental asset for London.

The ECB warns of a further surge in borrowing costs for eurozone governments.

Pound climbs above €1.17 for the first time in two months as common currency endures worst run in its history.

Brent, WTI fail to extend recent gains while precious metal benchmarks head sideways after overnight declines.

Pound hits two-week high against euro before retreating, while dollar soars to six-year high against Chinese yuan.

Silver led precious metals lower after the ECB decided to hold interest rates, but hinted at further stimulus action in December.

Pound slides below €1.12 and $1.23 despite solid retail sales data for September.