ECB Interest Rate Decision
| Date | Time Left | Event | Impact | Previous | Consensus | Actual | |
|---|---|---|---|---|---|---|---|
| Jul 16, 11:45 |
|
ECB Interest Rate Decision |
|
0.05% | 0.05% | 0.05% |
ECB Interest Rate Decision
ECB Interest Rate Decision is announced by the European Central Bank. Usually if the ECB is hawkish about the inflationary outlook of the economy and rises the interest rates it is positive, or bullish, for the EUR. Likewise, if the ECB has a dovish view on the European economy and keeps the ongoing interest rate, or cuts the interest rate it is seen as negative, or bearish.
Review Alex Nekritin's Article - Trading the Euro with the ECB Rate Decision
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