European Central Bank announced the latest monetary policy decision at 12:45 pm BST. The Bank left rates unchanged as expected. Bond-buying programme was unchanged at €1.35 billion and the PEPP programme was announced to last at least until June 2021. ECB said that it is ready to adjust all of its instruments if needed. EURUSD jumped on the news but quickly gave back all of the gains as the announcement was neutral. Equities did not experience any major reaction. ECB Chief Lagarde will hold a press conference at 1:30 pm BST.
EURUSD jumped in a knee-jerk move but quickly gave back all of the gains. Source: xStation5
Start investing today or test a free demo
Open account Try demo Download mobile app Download mobile appThis content has been created by XTB S.A. This service is provided by XTB S.A., with its registered office in Warsaw, at Prosta 67, 00-838 Warsaw, Poland, entered in the register of entrepreneurs of the National Court Register (Krajowy Rejestr Sądowy) conducted by District Court for the Capital City of Warsaw, XII Commercial Division of the National Court Register under KRS number 0000217580, REGON number 015803782 and Tax Identification Number (NIP) 527-24-43-955, with the fully paid up share capital in the amount of PLN 5.869.181,75. XTB S.A. conducts brokerage activities on the basis of the license granted by Polish Securities and Exchange Commission on 8th November 2005 No. DDM-M-4021-57-1/2005 and is supervised by Polish Supervision Authority.
