
It will be the hottest week of September, with four central banks’ meetings, five PMI releases, and a lot to trade.
The European central bank will conduct its press conference on January 24 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 amid the global uncertainties and the economic instability in Italy and Germany.
• If the European central bank is hawkish, the EUR will rise;
• If the European central bank is dovish, the EUR will fall;
It will be the hottest week of September, with four central banks’ meetings, five PMI releases, and a lot to trade.
Lagarde says difficult times have come, and the ECB raised the rate not to cause a recession but to stabilize prices. Read the report to learn the freshest news of the day!
Good Wednesday, dear traders! Let’s look at the main news ahead of the main event that will shake the markets: the release of US CPI at 15:30 GMT+3!
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Don’t waste your time – keep track of how NFP affects the US dollar and profit!