CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 77% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 77% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

BREAKING: ECB leaves rates unchanged

12:54 10 June 2021

The ECB left monetary policy unchanged during its June meeting. Interest rates were kept at record-low levels and the PEPP to continue through until at least end of March 2022, however at significantly higher pace , but this will not harm policy stance. Central bank reaffirms the size of PEPP at € 1.85 trillion and APP to continue at a pace of € 20 billion per month. Central bank expects rates to remain at present levels or lower until inflation outlook has robustly converge to a level sufficiently close to, but below, 2% within projection horizon. Investors will focus now on ECB President Lagarde comments at the press conference regarding the economic outlook, inflation and fiscal stimulus.

 EURUSD -nitially currency pair rose after ECB rate decision however sellers manage to quickly regain control and price is testing 50 SMA (green line). Source: xStation5

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