No change, but the ECB tells us that further measures will be released at the press conference. Draghi knows how to build a drama with “Further measures to be announced later” EUR/USD made a small dip and tension continues. It fell from around 1.1630 to just above 1.1580 before returning to the exact same place. ECB QE Live Blog – over €1 trillion in total, decentralized but broad consensus – EUR/USD crashes There were reports about a 50 billion euro per month program, but without a clear timeframe. The European Central Bank was not expected to change the interest rates. The main lending rate stands at a record low of 0.05% and the deposit rate at -0.20%. The ECB has already said that rates have reached their lower bound and the focus is on the decision about Quantitative Easing: how much will the ECB print? It was unclear if the ECB would make an announcement about QE already at the rate statement or at the press conference. EUR/USD was trading higher, at around 1.1630, before the publication. The pair dipped around the announcement. Follow a live blog of the press conference, starting shortly. Draghi Day – all the articles towards the expected QE decision 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 ECB QEs: €60 billion / month, over €1 trillion Yohay Elam 7 years No change, but the ECB tells us that further measures will be released at the press conference. Draghi knows how to build a drama with "Further measures to be announced later" EUR/USD made a small dip and tension continues. It fell from around 1.1630 to just above 1.1580 before returning to the exact same place. ECB QE Live Blog - over €1 trillion in total, decentralized but broad consensus - EUR/USD crashes There were reports about a 50 billion euro per month program, but without a clear timeframe. The European Central Bank was not expected to change the interest rates.… 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.
