ECB Meeting & Press Conference

ECB Meeting & Press Conference

Traders are now extremely alerted to any comments from the European Central Bank as they expect the regulator to announce the scaling back of its 2.3 trillion-euro bond-buying program in September or October. That’s why the ECB meeting on September 7 will draw a lot of attention. 
The minimum bid rate will be announced at 14:45 MT time and the regulator’s press conference will start at 15:30 MT time. The EUR made big moves the last time President Mario Draghi spoke with the press and there are all reasons to believe that there will be many trading opportunities this time as well. 
eur

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