The European Central Bank maintained the Minimum Bid Rate of 1% as widely expected. This is the historic low that was held during most of the period following the global financial crisis. EUR/USD is ticking a bit higher, to 1.3130 – a very small move. Follow the live blog of the ECB Press Conference. Euro/dollar is closer to the bottom of the narrowing range, currently standing at 1.3060 to 1.3275 on the daily chart. The euro-zone’s recession is certainly not a mild one, and the Spanish struggle is very dangerous. Nevertheless, higher prices in Germany and a lack of consensus prevented a cut. In addition, the ECB usually provides clear hints before making changes. Mario Draghi could provide such hints at the press conference, scheduled for 12:30 GMT. The ECB holds its meetings in Barcelona this time, under heavy guard. Helicopters are flying over the city for two days. Two airports and one land border were closed, in a rare act of suspending the Schengen Agreement. Yohay Elam 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 View All Post By Yohay Elam Forex News Today: Daily Trading News share Read Next Draghi Still Sees Recovery Coming – EUR/USD Jumps Yohay Elam 10 years The European Central Bank maintained the Minimum Bid Rate of 1% as widely expected. This is the historic low that was held during most of the period following the global financial crisis. EUR/USD is ticking a bit higher, to 1.3130 - a very small move. Follow the live blog of the ECB Press Conference. Euro/dollar is closer to the bottom of the narrowing range, currently standing at 1.3060 to 1.3275 on the daily chart. The euro-zone's recession is certainly not a mild one, and the Spanish struggle is very dangerous. Nevertheless, higher prices in Germany and a lack of consensus… Top Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
