Will the last ECB meeting with Mario Draghi be crucial for the EUR?
The European Central Bank will release its monetary policy statement and announce an official rate at 14:45 MT on October 24.
Another opportunity to trade the GBP
Great Britain will release the level of retail sales at 11:30 MT time on November 15.
Last month the actual level of retail sales came out much lower than the forecast. The GBP/USD pair plunged. The GBP needs strong support in times of uncertainties around the Brexit deal. If the situation with October figures is different, the GBP will be able to strengthen.
• If the actual data is higher than the forecast, the GBP will rise.
• If the actual data is lower than the forecast, the GBP will fall.
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Important events this week will bring us
The week will bring us fresh updates on Brexit and the last ECB meeting with outgoing president Mario Draghi.
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Parliamentary Brexit vote may move the GBP
The endless Brexit loop continues to intrigue traders.
Will the last ECB meeting with Mario Draghi be crucial for the EUR?
The European Central Bank will release its monetary policy statement and announce an official rate at 14:45 MT on October 24.
Market updates on October 22
The opportunities for the CAD and the GBP for the second day in a row
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