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ECB - European Central Bank


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  • JamesIG changed the title to ECB - European Central Bank

@Caseynotes I like this ING sheet, stated EUR/USD levels seem reasonable. 

I'd (as would everyone else) be very surprised by a rate hike / hardening of monetary policy. Press conference likely to be slightly more choppy than recent (Draghi has been unusually placid of late).

As usual, we'll widen guaranteed stop distances on affected FX pairs, indices & rates beforehand. 

Edited by Ludwik Chodzko-Zajko IG
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That's right @247trader, always flat going in, need to be a bit cautious with pressers because price can shoot one way then completely reverse on the very next sentence and this can go on for 45 minutes. With a data release directional consensus is usually reached relatively quickly.

So far, with Bund slightly down and Dax rising slightly the early signs are base case to mildly hawkish.

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