ECB Main Refinancing Rate:
- Current: 2.40%
- Forecast: 2.65%
- Previous: 2.90%
ECB Deposit Rate:
- Current: 2.25%
- Forecast: 2.25%
- Previous: 2.50%
ECB cut rates in line with market expectations. We see a small decline on EURUSD chart. The currency pair tests key support around 1.1346. Now the market is waiting for the conference after the decision, which will provide further details about ECB monetary policy in the nearest future and its outlook on current macro situation.
Source: xStation
Daily Summary: US100 Hits New Highs on Weak NFP 🚨
Oil down nearly 5% following the announcement that European diesel reserves will be released💡
BREAKING: US NFP data surprises to the downside; USD dips🔥
🟡Gold takes a breath, because of oil, not NFP