The European Central Bank left the main lending rate at 0.05% and the deposit rate at -0.020 unchanged as expected. The ECB previously said that rates have reached their lower bound. EUR/USD trades above 1.23 after dipping below that line beforehand. Stay tuned for a live blog later today. Update: ECB Live Blog – QE or no QE? Towards the big decision: ECB Preview: A big step towards QE? 3 scenarios QE is far from being priced into EUR/USD – Goldman Sachs This is the first time that the ECB convenes in the new ECB building. And it is the last decision for the year, and in the current schedule. The next meeting is held only on January 22nd. This calendar change will likely have an impact on the decision, and so will the publication of updated forecasts which occurs only once every three months. The big question is: QE or no QE? Markets are looking very carefully towards the meeting. The euro has already weakened. 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 QE discussed – EUR/USD initially jumps, then slides Yohay Elam 7 years The European Central Bank left the main lending rate at 0.05% and the deposit rate at -0.020 unchanged as expected. The ECB previously said that rates have reached their lower bound. EUR/USD trades above 1.23 after dipping below that line beforehand. Stay tuned for a live blog later today. Update: ECB Live Blog - QE or no QE? Towards the big decision: ECB Preview: A big step towards QE? 3 scenarios QE is far from being priced into EUR/USD - Goldman Sachs This is the first time that the ECB convenes in the new ECB building. And it is… 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.
