The market is cautious ahead of the ECB monetary policy statement at 14:45 MT time, where the regulator may introduce additional stimulus measures based on lockdown actions in France and Germany…
Tag - ecb
EUR/USD is trading below 1.1750. Any further downside pressure will push prices down to 1.1730 and even lower to 1.1700.
The European Central Bank publishes the monetary policy statement alongside with an update on the interest rate on October 29, at 14:45 MT time.
This week the markets will continue to follow the progress over the US stimulus package…
The US dollar waned amid the current risk-on sentiment, while the EUR surged after the ECB's report.
Lagarde pushed the euro to the downside, while US debates underpinned the USD.
ECB President Lagarde offered EUR/USD a free pass to head higher.
The main event of the day is the ECB’s monetary policy statement. Jump in to know how it will impact EUR/USD!
Watch this video to get fresh analysis of EUR/USD, GBP/USD, S&P 500 and gold!
The European Central Bank will publish a monetary policy statement and release the main refinancing rate at 14:45 on September 10.
Learn what to expect from the statement...
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