ECB Live: Draghi ends bond buying, but he could still drag EUR/USD down

The European Central Bank is set to announce the conclusion of Quantitative Easing, the bond-buying scheme that brings its balance sheet to 2.6 trillion euros. The ECB will also publish new forecasts for growth and inflation and may alter its pledges about interest rates. Recent economic data has not been that great and the pledge to keep rates at current levels may be extended beyond the end of next summer. EUR/USD will be watching every word from Mario Draghi very closely.

Join us for a live coverage of the all-important rate decision.

Yohay Elam

Yohay Elam: Founder, Writer and Editor I have been into forex trading for over 5 years, and I share the experience that I have and the knowledge that I've accumulated. After taking a short course about forex. Like many forex traders, I've earned a significant share of my knowledge the hard way. Macroeconomics, the impact of news on the ever-moving currency markets and trading psychology have always fascinated me. Before founding Forex Crunch, I've worked as a programmer in various hi-tech companies. I have a B. Sc. in Computer Science from Ben Gurion University. Given this background, forex software has a relatively bigger share in the posts. Yohay's Google Profile

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