11 March 2020
The European Central Bank is a global financial institution that regulates the entire Eurozone credit and financial policy. For this reason, the ECB Interest Rate Decision causes high volatility in the financial markets.
The publication of the ECB Interest Rate Decision will be held on March 12 at 12:45 GMT. Leading FreshForex analyst tells what to expect from the ECB decision:
"The ECB may announce a reduction in the deposit rate by 0.1%, since the coronavirus COVID-19 is spreading rapidly in the Eurozone. Lower rates will negatively affect the value of the euro. On Thursday, it is preferable to open Sell positions on EURUSD, EURGBP, EURAUD"
And here are three ways to stay afloat during strong volatility.
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