The European Central Bank is a global financial institution that regulates the entire Eurozone credit and financial policy. For this reason, the ECB Interest Rate Decision causes high volatility in the financial markets.
Leading FreshForex analyst Catherine Main tells what to expect from the ECB:
“Today the ECB may announce that it will be keeping low interest rates for a long period of time, as inflation in the Eurozone is far from the target level. This is negative factor for the Euro and positive for stock markets. On Thursday consider buying #DAX30, #CAC40 and selling EURUSD, EURGBP, EURAUD”.
Prepare for volatility wave in advance and double your deposit!