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On Thursday, September 9, the European Central Bank will host a press conference. It's the primary method the ECB uses to communicate with investors regarding monetary policy. The press conference is about an hour long and has 2 parts - first, a prepared statement is read, then the conference is open to press questions. The questions often lead to unscripted answers that create heavy market volatility.
At the past conference on July 22, ECB did not make any changes in the monetary policy. EUR/JPY grew by 0.5%.
Instruments to trade: EUR/USD, EUR/AUD, EUR/CAD
We love trading weeks like this one, filled with impactful events, crypto-crashes, economic releases, and political decisions from global leaders. The day has a lot to offer, so let’s take the most from it!
A new week will be interesting as we await Central Banks Meetings, more earnings reports, and NFP. Let's review the main headlines for this Monday as we prepare for volatile days ahead!
The results of the Chinese Communis Party's Congress shook the markets, while the JPY weakened even after the interventions were conducted
Good morning, dear traders! Hope you’re doing great! Let’s talk about the news that is worth following today! Key market events: 15:30 MT, CAD GDP m/m 17:00 MT, GBP BOE Gov Bailey Speaks Oil is tensed again Oil rose as China refined its approach…
Happy Friday, traders! Are you ready to trade at the end of the week? Here’s what you need to know before you start:
Hello, dear traders! We hope you have a great day! Let’s see what news is worth following today! Market closing US stock exchanges will be closed due to the Thanksgiving holiday…
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Don’t waste your time – keep track of how NFP affects the US dollar and profit!
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