Christine Lagarde: as long as necessary
On January 23, the ECB announced the interest rate at 0%, unchanged. The ECB President followed with a press conference to give more details. What was the message?
Will the last ECB meeting with Mario Draghi be crucial for the EUR?
The European Central Bank will release its monetary policy statement and announce an official rate at 14:45 MT on October 24. After that, the ECB President Mario Draghi will hold a press conference at 15:30 MT time.
We don’t expect any changes to the interest rate this time. However, we will be looking for more hints on future monetary policy decisions in the bank’s statement. As we are awaiting a new round of quantitative easing implemented in November, the bank may provide more details on this program. It is also worth to mention, that Thursday’s meeting is going to be the last one hosted by Mario Draghi. As a result, analysts suggest that the meeting will be about giving him a good send-off.
• If the ECB is hawkish, the euro will rise;
• If the ECB is dovish, the euro will fall.
Similar
Brexit: on the Queen's table
To be considered an official law, the Brexit paper just needs a signature of the Queen now. How does that affect the GBP?
Trump, Davos, USA
Donald Trump spoke at the World Economic Forum in Davos. You have to hear this.
Latest news
Currencies wrap: the best, the worst, the most volatile
Here we gathered the best and the worst performers of the week and the most volatile pairs .
Intel earnings are upbeat, what’s next for stock traders?
On Thursday, Intel reported the revenue of $20.21 billion and EPS of $1.52, beating analysts’ expectations of $19.23 billion and $1.25 respectively. What's next?
Christine Lagarde: as long as necessary
On January 23, the ECB announced the interest rate at 0%, unchanged. The ECB President followed with a press conference to give more details. What was the message?
Deposit with your local payment systems
