Will the GBP recover from the dead-end in the Brexit deal? The GBP/USD pair plunged because of the negative comments on the Brexit deal…
What will happen on the ECB meeting?
Today the European central bank will hold a press conference at 15:30 MT time. There are many talks about the tapering of European quantitative easing. Based on the firm economic growth, the European central bank is aiming to tighten its monetary policy. Moreover, traders are waiting for comments from the ECB President Mr. Draghi that can support the euro that is highly volatile in recent weeks. The interest hike is not anticipated today, however, the speech of Mr. Draghi can affect the euro a lot.
We will look if there are reasons to worry about the ECB hawkish mood.
What to trade on for today? Watch today's trading plan and get clues on the trading of GBP/USD, EUR/USD, AUD/USD!
Do you want to get clues on the upcoming economic events? Do you want to know what market moves to expect? FBS analyst Darya Bobrova will go through this week’s economic calendar and explain technical setups for EUR/USD, GBP/USD, USD/JPY, and other key…