DELKOS BREAKING NEWS: High volatility expected on 4 symbols because of EMU ECB Interest Rate Decision release on Thursday 23 Jan at 12:45 PM GMT

The EMU ECB Interest Rate Decision results where just released. The announcement is expected to affect the following instruments for the next few hours:

  • AUDUSD
  • NZDUSD
  • USDCAD
  • USDCHF
     
    Due to the increased volatility in the market around this news event we would advise that you review any open positions in the market.
     
    These statistics are based on the past 12 EMU ECB Interest Rate Decision events, in which these instruments were all affected

     
     Why this event matters:
     
    In the Euro Area, benchmark interest rate is set by the Governing Council of the European Central Bank. The primary objective of the ECB’s monetary policy is to maintain price stability which is to keep inflation below, but close to 2 percent over the medium term. In times of prolonged low inflation and low interest rates, ECB may also adopt non-standard monetary policy measures, such as asset purchase programmes.
     
     
    Disclaimer: Past performance may not be indicative of future performance