European Central Bank (ECB) conducts monthly press conferences. Market participants always wait for this event with great interest because it frequently causes high volatility.
This month ECB press conference will be held on June 14th at 12.30 noon GMT. Leading FreshForex analyst Catherine Main tells what to expect from the conference:
“The market waits for ECB to leave the interest rate unchanged and to start winding down quantitative easing (QE) by 10 billion euro. That’s a positive signal for euro. On Thursday consider buying EUR/GBP, EUR/JPY, EUR/CHF.”
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