10 March 2022
Dear clients,
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 10 at 12:45 GMT. What will be the decision this time, and what instruments can be chosen? Our Lead Analyst says:
The ECB will keep the interest rate at the current level but may signal to traders about the gradual completion of the eurozone asset purchase program, which is favorable for the European currency and negative for the stock market. On Thursday, consider buying EURUSD, EURJPY, and selling #DAX30.
In addition, the markets are also affected by another event: inflation in the United States. At the beginning of the year, the Fed announced a rate hike in March. What is happening with the instruments in this regard?
Inflation in the US is at a 40-year-high. The increase in commodity prices indicates continued growth in the consumer price index. On Thursday, consider selling #SP500, #NQ100, #Facebook.
There is very high volatility in the markets right now, so use the Drawdown bonus 101% to insure your funds.
If you have any questions, don't hesitate to contact us:
Good luck in trading!
FreshForex — forget other brokers.
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