The ECB has maintained interest rates with the key depo rate staying at the record low of -0.5%. This was in line with the market consensus and investors are now looking forward to post meeting conference that will take place at 1:30pm BST (2:30 CEST). This will be the final conference held by Mario Draghi and investors will be eager to learn his advice for the next president. DE30 and EURUSD are instruments that typically see increased volatility during the conference.
Will Powell remain hawkish❓
Market story: Valentine's Day has never been so expensive? The prices of coffee, chocolate and gold are at an all-time high
Will the ECB be forced to follow the Fed?
❗BREAKING: Jerome Powell at Jackson Hole (LIVE)