What will happen to the euro after the ECB meeting?

What will happen to the euro after the ECB meeting?

What will happen?

The European Central Bank publishes its monetary policy statement that includes an announcement of the interest rate on March 11, at 14:45 MT time. As usual, the event will be followed by a press conference with the ECB President Christine Lagarde at 15:30 MT time. Given to recent increase in the German 10-year Bund yields, the ECB members commented on a possible recalibration of the pandemic emergency purchase program (PEPP). This is a stimulus measure implemented for supporting the economy during the pandemic.

How to trade on the ECB monetary policy statement?

With the threats of surging bond yields, it is very important to monitor the ECB decision. According to the recent report by the bank, there is no need for immediate action. At the same time, the European Central bank considers adjusting PEPP purchases. Pay attention to the tone of the statement. Any dovish hints will pull the euro lower. At the same time, if the regulator does not change its existing plan, the euro may rise.

  • If the ECB is optimistic, the euro will get positive momentum;
  • If the ECB is pessimistic, the euro will fall.

Check the economic calendar

Instruments to trade: EUR/USD, EUR/GBP, EUR/JPY

паревапк.jpg

TRADE NOW

Similar

What to Trade on August 22–26?
What to Trade on August 22–26?

How Energy Crisis Affects German PMI August 23, 2022, 10:30 GMT+3­­ Germany will publish Flash Manufacturing PMI data on Tuesday, August 23, at 10:30 MT time (GMT+3)…

Latest news

FED and BOE Make Another Attempt to Beat Inflation
FED and BOE Make Another Attempt to Beat Inflation

The Federal Reserve (Fed) will announce its Interest Rate Decision and make a statement about the future monetary policy on Wednesday, September 21, GMT+3. After the higher-than-expected inflation numbers published on September 13, there’s almost no doubt the Federal Reserve will come up with another 75-basis-point rate hike. However, surprised by the CPI numbers, several Fed members announced the possibility of a 100-basis-point rate hike on Wednesday.

Deposit with your local payment systems

Feel the Team Spirit

Data collection notice

FBS maintains a record of your data to run this website. By pressing the “Accept” button, you agree to our Privacy policy.

Callback

A manager will call you shortly.

Change number

Your request is accepted.

A manager will call you shortly.

Next callback request for this phone number
will be available in

If you have an urgent issue please contact us via
Live chat

Internal error. Please try again later

Don’t waste your time – keep track of how NFP affects the US dollar and profit!

Beginner Forex book

Beginner Forex book will guide you through the world of trading.

Beginner Forex book

The most important things to start trading
Enter your e-mail, and we will send you a free Beginner Forex book

Thank you!

We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.

You are using an older version of your browser.

Update it to the latest version or try another one for a safer, more comfortable and productive trading experience.

Safari Chrome Firefox Opera