ECB

in forex •  7 years ago  (edited)

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Traders are looking forward to the European Central Bank meeting on 26 October.

The regulator will announce its monetary policy decision at 2:45 pm. ECB President Mario Draghi will hold a press conference at 3:30 pm local time. The ECB is expected to announce a reduction in its asset purchases. The euro has strengthened on expectations since the start of the summer. If the ECB meets market expectations, the euro will retain its strength. If the central bank disappoints, the euro will drop. Prepare for a surge in volatility during Mario Draghi's press conference. If you decide to trade during this event, remember to apply the rules

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  ·  7 years ago (edited)

@jandaslow is your brother? https://steemit.com/eur/@jandaslow/ecb-meets-market-expectations-500ae286c7eaa
October, really in October?
check out my forex blog. see you among my followers ✋