Source: ForexYard
At FOREXYARD, we believe in keeping our clients prepared for potentially significant news events. As such, traders will want to pay careful attention to the ECB Press Conference, set to take place today, August 2nd at 12:30 GMT. The press conference is typically the platform where the ECB indicates any change in policy or euro-zone interest rates. As can be seen in the chart below, the DAX 30 saw significant volatility following the June 6th press conference.
Don’t miss out on another opportunity to capitalize on market volatility!
Analysts are predicting that the ECB will unveil new plans to boost the euro-zone economic recovery at Thursday’s press conference. Any mention of a new initiative to lower borrowing costs in Spain or Italy could lead to major gains for the euro. This is an excellent opportunity for forex traders to take advantage of potentially significant news, so don’t miss out!
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Forex Market Analysis provided by ForexYard.
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