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ECB (European Central Bank) will be rendering its rate decision today, and it will have a pivotal short term impact in the Euro dollar. However, it is widely believed that ECB will keep rate unchanged at 1.50%… Here´s the forecast:
8:45am (NY Time) EU ECB Rate Decision Forecast 1.50% Previous 1.50%
ACTION: EUR/USD BUY 1.75%, SELL 1.25%
ECB (European Central Bank) will be rendering its rate decision today, and it will have a pivotal short term impact in the Euro dollar. However, it is widely believed that ECB will keep rate unchanged at 1.50%… Here´s the forecast:
7:45am (NY Time) EU ECB Rate Decision Forecast 1.50% Previous 1.50%
ACTION: EUR/USD BUY 1.75%
ECB (European Central Bank) will be rendering its rate decision today, and it will have a pivotal short term impact in the Euro dollar. However, it is widely believed that ECB will keep rate unchanged at 1.25%… Here´s the forecast:
7:45am (NY Time) EU ECB Rate Decision Forecast 1.50% Previous 1.50%
ACTION: EUR/USD BUY 1.50%
ECB (European Central Bank) will be rendering its rate decision today, and it will have a pivotal short term impact in the Euro dollar. However, it is widely believed that ECB will keep rate unchanged at 1.25%… Here´s the forecast:
7:45am (NY Time) EU ECB Rate Decision Forecast 1.50% Previous 1.50%
ACTION: EUR/USD BUY 1.50%
ECB is expected to hike interest rate during today’s meeting, as analysts agree after the last ECB Press Conference where Trichet signaled the market by using the code word “strong vigilance”. Trichet repeat the same code words once again last week, confirming to the market of ECB’s resolve on hiking rates, erasing any doubts that by Friday, ECB’s temporary short-term rate will be at 1.50%.
ECB (European Central Bank) will be rendering its rate decision today, and it will have a pivotal short term impact in the Euro dollar. It is widely believed that ECB will hike rates to 1.50%… Here’s the forecast:
7:45am (NY Time) EU ECB Rate Decision Forecast 1.50% Previous 1.25%
ACTION: EUR/USD SELL 1.25%
8:30am NY Time ECB Chairman Trichet Press Conference
ACTION: N/A
We´ll be focusing on the ECB (European Central Bank) Chairman Jean-Claude Trichet press conference today as he releases an official statement from ECB regarding the official Interest Decision at 7:45am today… Here is an overview of the situation and a link to watch the press conference live:
http://www.ecb.int/press/tvservices/webcast/html/webcast_110609.en.html
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