ECB – Monetary Policy Statement and right after that a Press Conference
ACCORDING TO BLOOMBERG:
ECB to Tweak Rate Guidance for Later Hike, Oxford Economics Says
The European Central Bank will probably say that the first possible interest-rate hike will come later than previously indicated when officials announce policy this week, according to Oxford Economics
WHEN ITS GOING TO HAPPEN: THIS THURSDAY
14:45- EUR- Monetary Policy Statement
15:30- EUR- ECB Press Conference
According to TRADING CENTRAL:
The EUR currency might become weaker during this big event.
EURUSD may fall as long its below 1.1330 and could even reach to 1.0950
EURJPY may fall as long its below 123.25 and could even reach to 117.55
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