Pound dropped as Boris Johnson’s health got worse
UK Prime Minister was placed in the intensive care. As a result, the British pound plummeted dramatically today.
ECB Meeting
| Traders are impatiently waiting for the European Central Bank’s meeting on October 26. The regulator will publish its monetary policy decision at 14:45 MT time. The ECB President Mario Draghi will hold a press conference at 15:30 MT time. |
| The ECB is expected to announce reductions in its asset purchases. The euro has been strengthening on such expectations since the start of the summer. If the ECB fulfills the market’s expectations, the euro will retain strength. If the central bank disappoints, the euro will plummet. |
| Be ready to a spike in volatility during Mario Draghi’s press conference. If you decide to trade on this event, remember to apply the rules of risk management. |
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Employment data may make the USD volatile
The US Non-farm payrolls, also known as NFP, will be published on April 3, at 15:30 MT time.
USD: waiting for the reaction of the US purchasing managers
The United States will publish ISM manufacturing PMI on April 1, at 17:00 MT time.
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