After the ECB removed its reference to lower rates, EUR/USD surprisingly dropped. Will Draghi hit the euro when it’s down? Or will he sound more optimistic, erasing “downside risks” from his usual text? ECB President Mario Draghi meets the press on June 8, 2017. He is expected to remove the phrase “downside risks” and set [...]
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The ECB leaves all its policy measures unchanged. The QE program remains at 60 billion euros per month, the interest rate at 0% and the deposit rate at -0.40%. EUR/USD is moving with extended volatility, rising to 1.1262 and falling to 1.1220. Volatility is stronger in the pair. Preview: ECB Preview: balanced risks could provide a [...]
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Brits go to the polls to elect a new parliament. A snap election was supposed to result in an easy, snap victory for Theresa May’s Conservatives, but turned into a closer race that has significant implications for Brexit and the pound. Here is our full guide to trading GE2017 with GBP/USD. Below you can find [...]
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