EURUSD neutral

The ECB raises the interest rate - time to trade the news!

20 july 2022 63
Elena_Berseneva
Elena_Berseneva

Listed among the best MarketCheese authors
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Tomorrow the European Central Bank is expected to raise the key interest rate and deposit rate by 25 basis points for the first time since March 2016. 


The research of trading the news and rollbacks shows a significant short-term reaction - within an hour - of the currency pairs quotations with euro.


Thus, the growth of pairs with the base currency of euro and decline of pairs with the quote currency of euro is expected.

Elena_Berseneva
Elena_Berseneva

Listed among the best MarketCheese authors
1st in the segments "Indices" and "Metals"
2nd in the segments "Currencies" and "US stocks"
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