Economic Data : ECB Interest Rate Decision 26 July, 2018 – 05:15 PM – The European Central Bank publishes its decision on where to set the benchmark interest rate.
As short term interest rates are an important determinant of currency valuation, traders watch interest rate changes closely.
A reading that is stronger than forecast is generally supportive (bullish) for the EUR, while a weaker than forecast reading is generally negative (bearish) for the EUR. – Neal Bhai Reports (NBR)
