USD, gold, Alibaba and more on April 12
In this article, you'll find the latest news and tech analysis of EUR/USD, gold, and GBP/USD!
ECB Meeting
| The economy of the euro area is in a very good shape. However, the euro cannot strengthen. Mario Draghi, the President of the European Central Bank, sounded cautious at the regulator’s last meeting. Although the European interest rate is expected to remain at the same level for a long time, Mr. Draghi may still give clues about the future rate hikes. Even a hawkish-sounding speech will support the single currency. The ECB will release its statement at 14:45 MT time on April 26. The traditional press conference will start at 15:30 MT time. As usual, great swings await EUR/USD and EUR/GBP. |
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Latest news
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Today traders await the US inflation data to be out at 15:30 MT. Jump in to get fresh trade ideas for today!
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