ECB Rate Decision Commentary Will Determine Direction of - TopicsExpress

ECB Rate Decision Commentary Will Determine Direction of Euro Euro traders will be glued to their screens in anticipation of todays ECB interest rate decision. The Eurozone economy is struggling at the moment, with signs of deflationary activity popping up. With no room left to lower rates, the ECB must become creative to shore up growth. Although no rate change is expected, the market will closely watch commentary from ECB officials regarding their policy plans. EUR/USD has slightly recovered from yesterdays lows but is poised to fall further should the ECB outlook appear dismal. Like us >>> on.fb.me/1o8FyMV

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