12:23 PM · 21 July 2022

BREAKING: EUR strengthens as ECB rise rates by 50bp

European Central Bank (ECB) has just announced its latest monetary policy decision. ECB lifted interest rate for the first time in eleven years to 0.50%,more than market consensus of 0.25%.  ECB said it is appropriate to take a larger first step on its policy rate normalization path than signaled at its previous meeting.

  • Deposit facility rate 0.00% vs -0.25% expected
  • Main refinancing rate 0.50% vs 0.25% expected
  • Marginal lending facility 0.75% vs 0.25% prior

ECB approved Transmission Protection Instrument (TPI), a new bond-buying scheme that aims to stabilize the bond market and avoid big jumps and disparities in borrowing costs across countries. The establishment of the TPI is necessary to support the effective transmission of monetary policy. Frontloading strategy allows ECB to make a transition to a meeting-by-meeting approach. Now investors' attention will focus on ECB Lagarde press conference at 1:45 pm BST. 

EURUSD rose sharply after ECB decision and is approaching 1.02750 resistance.Source:xStation5  

6 November 2026, 7:12 PM

Daily summary: Wall Street rebounds after the sell-off 🔼 US dollar strengthens on solid NFP data, oil prices fall

6 November 2026, 1:31 PM

BREAKING: US NFP much stronger than expected 📈 US Dollar and treasuries yields surge

6 November 2026, 12:10 PM

EURUSD loses ground ahead of NFP

5 November 2026, 12:00 PM

BREAKING: BoE raises interest rates by 25pbs to 4%⏰

The financial instruments we offer, especially CFDs, can be highly risky. Fractional Shares (FS) is an acquired from XTB fiduciary right to fractional parts of stocks and ETFs. FS are not a separate financial instrument. The limited corporate rights are associated with FS.
This page was not created for investors residing in Brazil. This brokerage is not authorized by the Comissão de Valores Mobiliários (CVM) or the Brazilian Central Bank (BCB). The content of this page should not be characterized as an investment offer in Brazil or for investors residing in that country.
Losses can exceed deposits