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ECB leaves policy unchanged – all set for the Draghi

The European Central Bank left the interest rate  unchanged at 0.05%, the deposit rate at -0.20% and the QE program at the current rate of €60 billion per month. This was fully expected and EUR/USD remains below the double top.

And now, all eyes are on the press conference held by ECB president Mario Draghi, which consists of important updated forecasts. Join the live coverage of this critical event:

The chat room for the live coverage is  available here.

Euro/dollar remained unchanged at around 1.1120 on the release. Draghi is eyed.

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.