Four Banks Fight Against Inflation
It will be the hottest week of September, with four central banks’ meetings, five PMI releases, and a lot to trade.
It’s time for the ECB to move the euro
The ECB press conference is anticipated on March 7, at 15:30 MT time. We anticipate the interest rate to remain at the same level of 0%. However, ECB president Mario Draghi, who is known for his unexpected statements, may provide some supportive data for the EUR despite the global uncertainties and the economic instability in the Eurozone.
• If the European central bank is hawkish, the EUR will go up;
• If the European central bank is dovish, the EUR will go down.
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